On Friday, cryptocurrency change firm FTX stated that it has filed for chapter in the U.S. In an official assertion, the compnay additionally stated that Sam Bankman-Fried has resigned because the cryptocurrency change’s CEO. The corporate stated that Fried resigned following a liquidity disaster that pressured a sudden unraveling of the change at one level value $32 billion. As per reviews, John J. Ray III is more likely to exchange Bankman-Fried, who will “remain to assist in an orderly transition,” the corporate stated.
FTX Crypto Trade Files for Chapter 11
Press Launch pic.twitter.com/rgxq3QSBqm
— FTX (@FTX_Official) November 11, 2022
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