Bitcoin (BTC) $63,975.13 -0.26%
Ethereum (ETH) $1,803.29 0.25%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 77.053741 -1.23%
Cardano (ADA) $0.16 -1.81%
Chainlink (LINK) $8.03 0.36%
Litecoin (LTC) $44.67 -0.92%
Dash (DASH) $34.50 -0.56%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.220751 -1.19%
X-Cash (XCASH) 2.0E-6 2.68%
Dogecoin (DOGE) $0.00 -4.43%

Cryptocurrencies: 29430

Markets: 111517

Market Cap: $2,195,502,961,486

24h Vol: $51,241,769,245

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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