Bitcoin (BTC) $80,526.69 -0.99%
Ethereum (ETH) $2,579.58 -2.22%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 108.138533 -3.04%
Chainlink (LINK) $12.06 -3.23%
Cardano (ADA) $0.22 -2.43%
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X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 30065

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Market Cap: $2,746,435,154,997

24h Vol: $68,820,685,154

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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