Crypto firm FTX files for bankruptcy, CEO exits
1:42
YahooReuters Videos
Crypto firm FTX files for bankruptcy, CEO exits
STORY: Embattled cryptocurrency exchange FTX has filed for bankruptcy and its CEO Sam Bankman-Fried will step down, marking a stunning reversal of fortune for the 30-year-old crypto executive who was once worth nearly $17 billion.In a statement posted on Twitter Friday, FTX said it has begun voluntary Chapter 11 bankruptcy proceedings in ...
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