FTX Announces It’s Going Bankrupt

FTX announced that it went bankrupt despite the investments it received after the liquidity crisis.
 FTX Announces It’s Going Bankrupt
READING NOW FTX Announces It’s Going Bankrupt

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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