LeadStory
Banking & LoansFinanceBusinessCrypto

Bloomberg

Sam Bankman-Fried says collateral crashed $51 billion

Bloomberg ยท
Bloomberg
Bloomberg

FTX founder Sam Bankman-Fried apologized to staff in a letter that outlined a crash in "collateral" to $9 billion from $60 billion. Suvashree Ghosh reports on Bloomberg Television.

SEE THE FULL STORY

Crypto Fallout

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