From Temasek to Genesis, here’s the direct impact of FTX failure on other corporates.

From Temasek to Genesis, here’s the direct impact of FTX failure on other corporates.

Over the first two weeks of November, crypto exchange FTX went from leading crypto exchange to a $16 billion bankruptcy – this year’s largest so far.

Insiders, customers, the press, and regulators are still piecing together what caused the largest corporate failure in crypto’s 14-year history and what such a fallout means as it ripples across the digital assets market.

So far the fallout has meant the loss, freeze, or write down of at least $1.8 billion in funds comprising mostly equity…


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