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Cheddar News

Contagion spreads in crypto after FTX collapse

Cheddar News · 3 years ago
Cheddar News
Cheddar News
3 years ago

Investors began pulling funds from Singapore-based Crypto.com after concerns emerged over the exchange’s handling of a $US400 million transfer. It's yet another sign that the dramatic collapse of FTX.com last week is sparking contagion among digital asset exchanges.

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Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.