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…
Source link