Amber Group CEO Michael Wu described the collapse of FTX at the end of 2022 and the sudden departure of a co-founder as the greatest setbacks in his personal and entrepreneurial life. In an interview with OKX, Wu shared that prior to these events, his life had been relatively smooth. He focused on resolving the company's challenges from late 2022 to early 2023, successfully steering Amber Group back on track. However, by the end of 2023, Wu found himself in a state of despondency despite having addressed the issues. This experience challenged his belief in a "linear upward trajectory" in life, offering him and his young company a new perspective on resilience and recovery.