FTX, the second largest exchange in the currency circle, has declared bankruptcy. At the beginning of the year, it was valued at about $32 billion. The founder and CEO also resigned.
According to the public statement, more than 130 affiliated companies belonging to FTX Group have filed for bankruptcy.
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#SpotlightOnChina #China #ChinaInsights
3 Comments
Gone 😂?, it was never there to begin with. Anyone want to buy a pet rock? How about a beanie baby?
Why would the idea of fake money ever catch on? It’s fulfilling its hollow promise. “I’m not real.”
pretty sure it was the 4th largest exchange. Is this china news because of Chang Peng Zhao?