What Happened to FTX? Here’s What to Know. Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.
FTX Crypto Exchange Boss Says He Is Trying to Raise More Money Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run.
FTX’s Sam Bankman-Fried Says He Is Trying to Raise More Money Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run.
The Fall of FTX’s Sam Bankman-Fried Puts Crypto Industry on Edge The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe.