Embattled crypto exchange FTX is filing for bankruptcy as its founder resigns from his role as the firm’s chief executive. In a new press release, FTX says it is filing for Chapter 11 bankruptcy while appointing a replacement for CEO Sam Bankman-Fried, the company’s founder. “[FTX and its affiliated groups] have commenced voluntary proceedings under […]
The post Sam Bankman-Fried’s Net Worth Goes to Zero As Crypto Catastrophe FTX Files for Bankruptcy appeared first on The Daily Hodl.
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