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Cryptocurrencies: 28769
Markets: 114732
Market Cap: $2,462,595,572,473     
24h Vol: $84,507,030,099
Coin-turk.com 2023-09-21 13:25:52

Former Employee Reveals the Truth Behind the Incident that Caused Bitcoin’s Price to Drop 87% in 2021

Former Employee Reveals the Truth Behind the Incident that Caused Bitcoin’s Price to Drop 87% in 2021
Baradwaj, a former employee who started revealing the secrets of Sam Bankman-Fried’s FTX, claims that the problem behind the temporary drop of over 87% in the price of Bitcoin (BTC) in 2021 was caused by FTX subsidiary Alameda Research. The Big Mistake that Decreased Bitcoin’s Price from $65,000 to $8,000 On October 21, 2021, while other Bitcoin markets were operating normally, Bitcoin investors on the US branch of the cryptocurrency exchange Binance, Binance.US, were left in a difficult situation after the largest cryptocurrency suddenly dropped within minutes for no apparent reason.The post Former Employee Reveals the Truth Behind the Incident that Caused Bitcoin’s Price to Drop 87% in 2021 appeared first on COINTURK NEWS.
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