Major crypto exchange FTX goes bankrupt – Bitcoin price falls

Young billionaire Sam Bankman-Fried (30) drove Bank to the wall

The FTX crypto exchange goes bankrupt – the price of bitcoins falls

$8 billion may be gone forever! It is said that customers had that much money on the FTX crypto exchange, which had to declare bankruptcy on Friday.

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Bankman Fried – one of the stars in the crypto sky for years – is to blame for the collapse of FTX.

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Nicola ImfeldEditor Economics

It’s over! Crypto exchange FTX filed for bankruptcy protection in the United States on Friday. The company’s 30-year-old founder, Sam Bankman-Fried, has stepped down as CEO, FTX said in a statement on Friday.

The company now wants to analyze the situation so that it can pay customers as much money as possible. According to experts, it can be expected that only a little will be saved from the total of 8 billion dollars.

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