Daily News Lesson

SHOW ALL

Nov. 15, 2022, 7:57 p.m.

Collapse of FTX raises questions about cryptocurrency’s viability

Summary

The fallout keeps growing for the cryptocurrency industry after an unexpected bankruptcy involving one of the largest and most well-known exchanges, FTX. Its downfall has renewed concerns about the safety and credibility of many cryptocurrencies and their values have plunged as well. Roben Farzad of the podcast 'Full Disclosure' joined Amna Nawaz to discuss. For a transcript of this story, click here .

Five Facts

  • Who are the individuals or groups of people mentioned in the story?
  • What is the main idea of the piece?
  • Where and When does the story take place?
  • Why did the event(s) discussed occur?
  • How do you think the NewsHour’s producers decided to produce a story about this topic?

Focus Questions

See, Think, Wonder : What did you notice? What did the story make you think? What story would you want to find out more about? Where would you go to learn more? Media literacy : What additional questions do you have about the way the story was produced (made)?

For More

What students can do : Read about the head of FTX and his influence in business and politics. Then discuss: why did so many trust in this company?

FTX head Sam Bankman-Fried’s downfall sends shockwaves through cryptocurrency

A potrait of FTX CEO Sam Bankman-Fried
FTX CEO Sam Bankman-Fried poses for a picture, in an unspecified location, in this undated handout picture, obtained by Reuters on July 5, 2022. FTX/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY
FTX CEO Sam Bankman-Fried poses for a picture, in an unspecified location, in this undated handout picture, obtained by Reuters on July 5, 2022. FTX/Handout via REUTERS

Fill out this form to share your thoughts on Classroom’s resources. Sign up for NewsHour Classroom’s ready-to-go Daily News Lessons delivered to your inbox each morning.

Recent Daily News Lessons

future

Daily News Lesson

National Youth Poet Laureate Daniel Umemezie on using his words to bridge worlds

Learn about a National Youth Poet Laureate committed to inspiring other young creatives

Screenshot 2026-07-16 at 10.42.10 AM

Daily News Lesson

'Post-literate age': Why fewer Americans are reading for pleasure

Discuss why reading habits have changed among students, with growing concerns that this notable decline may extend to the general population

Screenshot 2026-07-15 at 10.46.29 AM

Daily News Lesson

Ousted Election Assistance Commission chair on Trump's effort to control voting

Recent shifts in the function of the federal bipartisan agency have sparked debate over the reliability of voting polls this coming election

outbreak

Daily News Lesson

What we know about the cyclosporiasis outbreak linked to produce

Learn about the current cyclosporiasis outbreak is presenting challenges for public health experts nationwide

SUPPORTED BY VIEWERS LIKE YOU. ADDITIONAL SUPPORT PROVIDED BY:

PBS News Hour Classroom

Copyright © 2025 News Hour Production LLC. All Rights Reserved

Illustrations by Annamaria Ward