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CoinGape

2022-11-11 14:25:50

Breaking: FTX Exchange Files For Bankruptcy

Breaking: FTX Exchange Files For Bankruptcy

In a major development, FTX has officially filed documents to claim bankruptcy. In a few days, FTX went from a $32 billion valuation to bankruptcy as liquidity dried up, user funds got locked, and rival exchange Binance ripped up its non-binding agreement to buy the company. Alameda & 130+ Firms Part of Voluntary Proceedings The The post Breaking: FTX Exchange Files For Bankruptcy appeared first on CoinGape .

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