Bitcoin (BTC) $93,767.53 -0.38%
Ethereum (ETH) $1,766.39 -2.21%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 142.391218 -1.31%
Dogecoin (DOGE) $0.16 -3.64%
Cardano (ADA) $0.65 -2.83%
Chainlink (LINK) $13.25 -3.69%
Litecoin (LTC) $81.61 -7.43%
Helium (HNT) 3.690338 -2.73%
Polygon (MATIC) 0.25693 2.45%
Dash (DASH) $20.96 -4.06%
X-CASH (XCASH) 3.0E-6 25.29%

Cryptocurrencies: 26009

Markets: 101336

Market Cap: $2,905,692,986,217

24h Vol: $64,980,493,784

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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