FTX announced that it went bankrupt despite the investments it received after the liquidity crisis.
Crypto exchange FTX has filed for bankruptcy in the US, according to a statement on Twitter. At the same time, FTX CEO and founder Sam Bankman-Fried resigned from his position.
FTX Files for Bankruptcy
FTX announced on November 11 that it had filed for bankruptcy in the United States in a post on Twitter.
Application made under Article 11; It covers the entire FTX Group, including FTX Trading Ltd., FTX.US and Alameda Research. After SBF’s resignation, John J. Ray III was appointed as CEO.
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