It was revealed that FTX, a cryptocurrency exchange, had used billions of dollars of its customers’ funds to make investments through its sister company, Alameda Research, a cryptocurrency trading firm; FTX, which froze users’ ability to withdraw funds, and approximately 130 affiliated companies declared bankruptcy.
Weekly Review
Weekly Review
Weekly Review
It was revealed that FTX, a cryptocurrency exchange, had used billions of dollars of its customers’ funds to make investments through its sister company, Alameda Research, a cryptocurrency trading firm; FTX, which froze users’ ability to withdraw funds, and approximately 130 affiliated companies declared bankruptcy.