Bitcoin (BTC) $107,888.89 -2.38%
Ethereum (ETH) $3,721.11 -3.78%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 175.958927 -4.93%
Cardano (ADA) $0.58 -5.14%
Chainlink (LINK) $16.15 -6.92%
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Dash (DASH) $85.73 -8.31%
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Polygon (MATIC) 0.25693 2.45%
X-CASH (XCASH) 2.0E-6 -30.69%
Dogecoin (DOGE) $0.00 -3.72%

Cryptocurrencies: 27815

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Market Cap: $3,603,918,225,449

24h Vol: $149,930,472,170

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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