FTX’S RISE AND FALL: WHAT WENT WRONG, WHAT HAPPENS NEXT, WHAT THIS MEANS FOR CRYPTO WORLD

FTX was founded in 2019 by ex-Wall Street trader Sam Bankman-Fried and ex-Google employee Gary Want. Witnessing incredible growth from its inception, FTX was valued at $32 billion in January. Now, it has filed for bankruptcy in what is expected to be one of the biggest downfalls in recent history

 

Read more at: https://www.firstpost.com/explainers/explained-ftxs-rise-and-fall-what-went-wrong-what-happens-next-what-this-means-for-crypto-world-11625281.html

 

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• 15 Nov 2022
• WerIndia