The cryptocurrency market is already enduring a prolonged slump. Amidst this, the FTX collapse brought new troubles for the crypto market. Following the crash, the valuations in the asset class and other assets have been heavily hampered. Founded by Sam Bankman-Fried, a prominent personality in the crypto world, FTX filed …
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The news of BlockFi bankruptcy has been circulating in the crypto industry for quite some days. People have been saying that BlockFi, a crypto lender, has gone penniless and that it had to file for Chapter 11 similar to FTX. On the 10th of November, when people were already discussing …
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The former FTX CEO arrested. Sam Bankman-Fried, who led the cryptocurrency exchange has been arrested in the Bahamas. The fall of the exchange has got him into this trouble. He was scheduled to appear and testify in Congress on the 13th of December 2022 regarding the fall of the crypto …
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It is not more than just two months that the FTX, one of the top cryptocurrency exchanges, has gone through collapse after filing Chapter 11. This took a toll on the entire cryptocurrency market. Following this, the latest crypto news states that Binance loses money worth $12 billion. Although back …
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