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Missile that struck Poland wasn’t a Russian attack. FTX contagion spreads. China’s Xi confronts Canada’s Trudeau at G-20. Here’s what you need to know today.

The fallout from the rapid collapse of Sam Bankman-Fried’s FTX is spreading across the crypto world. It’s now ensnaring the billionaire Winklevoss twins through a liquidity squeeze at their lending partner, Genesis. The crypto world was initially built on the tenet of decentralization but ballooned into a full-fledged financial ecosystem complete with digital-asset lending. At stake is whether a crisis of confidence topples the lucrative business of borrowing, lending and leveraging crypto, and causes an industry-wide retrenchment. Meanwhile, Bankman-Fried is facing a possible trip to the US for questioning by authorities.