LeadStory
Companies & StartupsFinanceStockmarketCrypto

Bloomberg

FTX files for bankruptcy, CEO resigns

Bloomberg ·
Bloomberg
Bloomberg

Crypto exchange FTX has initiated US bankruptcy proceedings and CEO Sam Bankman-Fried has resigned, after a liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world.

SEE THE FULL STORY

Crypto Fallout

Leading platform FTX has filed for bankruptcy as crypto prices fall below 2017 prices.