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Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
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CoinGape 2022-11-11 14:25:38

FTX Announces Chapter 11 Bankruptcy, Crypto Crash Imminent?

FTX Announces Chapter 11 Bankruptcy, Crypto Crash Imminent?
FTX Bankruptcy Proceedings Updates: Troubled crypto exchange on Friday announced it is going ahead with chapter 11 bankruptcy. In a announcement of the major decision, the company said FTX and Alameda Research commenced the bankruptcy proceedings. This effectively brings to an end Sam Bankman-Fried’s attempt to pool in capital to rescue the companies out of The post FTX Announces Chapter 11 Bankruptcy, Crypto Crash Imminent? appeared first on CoinGape .
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