Crypto exchange FTX files for bankruptcy as wunderkind CEO exits
FTX founder Sam Bankman-Fried has morphed from being the poster child of crypto's successes to the protagonist of the industry's highest-profile crash
FTX, its affiliated crypto trading firm Alameda Research, and about 130 of its other companies have commenced voluntary Chapter 11 bankruptcy proceedings in Delaware, the company said in a statement on Twitter on Friday.
It was an abrupt fall from grace for a company that was once
Crypto exchange FTX files for bankruptcy as wunderkind CEO exits
FTX founder Sam Bankman-Fried has morphed from being the poster child of crypto's successes to the protagonist of the industry's highest-profile crash