Bitcoin (BTC) $110,702.49 1.07%
Ethereum (ETH) $4,281.10 -0.67%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 203.697966 -0.17%
Cardano (ADA) $0.83 2.15%
Chainlink (LINK) $22.27 -1.03%
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Polygon (MATIC) 0.25693 2.45%
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Dogecoin (DOGE) $0.00 0.39%

Cryptocurrencies: 27285

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Market Cap: $3,807,138,409,838

24h Vol: $162,745,748,482

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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