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FTX owes creditors more than $3 billion

Ticker News ·
Ticker News
Ticker News

The crumbling of the FTX crypto empire may have damaged retail and institutional sentiment toward crypto – but cross border transactions are still proving popular. This all comes as FTX reveals it owes its 50 biggest creditors nearly $3.1billion, as revealed in a court filing, without naming them.

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Crypto Fallout

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