FTX posed as a haven from tumbling currencies and inflation in Africa, where the company recruited users via glitzy events, $5 sign-up bonuses, and giveaways (Alexandra Wexler/Wall Street Journal)

Alexandra Wexler / Wall Street Journal:
FTX posed as a haven from tumbling currencies and inflation in Africa, where the company recruited users via glitzy events, $5 sign-up bonuses, and giveaways  —  Cryptocurrency exchange’s ambassadors recruited new customers through glitzy events, $5 sign-up bonuses and giveaways