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FTX, the 4th largest crypto exchange in the world, declares bankruptcy.
We answer:
Who is Sam Bankman-Fried?
Why did the FTX token (FTT) crash?
Was he sending FTX customer funds to his friends' investment group Alameda Research?
Why do traditional banks receive government bailouts but not crypto banks?
Will FTX's bankruptcy cause a chain of failures?
And more
Latest information (released after recording):
FTX halts withdraw of funds; however, residents of panama are legally allowed to withdraw funds. So, users are sending hundreds of millions of dollars through FTX's NFT marketplace to Panama users in order to withdraw funds.
-FTX HQ is in Panama
-FTX and Alameda Research CEOs and executives room together in a large home in Panama.
-Hundreds of millions of dollars were "hacked" from FTX after they declared bankruptcy
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Send us a text
FTX, the 4th largest crypto exchange in the world, declares bankruptcy.
We answer:
Who is Sam Bankman-Fried?
Why did the FTX token (FTT) crash?
Was he sending FTX customer funds to his friends' investment group Alameda Research?
Why do traditional banks receive government bailouts but not crypto banks?
Will FTX's bankruptcy cause a chain of failures?
And more
Latest information (released after recording):
FTX halts withdraw of funds; however, residents of panama are legally allowed to withdraw funds. So, users are sending hundreds of millions of dollars through FTX's NFT marketplace to Panama users in order to withdraw funds.
-FTX HQ is in Panama
-FTX and Alameda Research CEOs and executives room together in a large home in Panama.
-Hundreds of millions of dollars were "hacked" from FTX after they declared bankruptcy