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Crypto Exchange FTX Files for Bankruptcy
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FTX, 파산 신청 부채 66조원 가상화폐 사상 최대
FTX announced it was filing for bankruptcy.
Friday's development marks a dramatic end to an extraordinary week of corporate drama that has upended crypto markets.
This is in contrast to Monday when the chief executive of the cryptocurrency exchange reassured customers via Twitter: "FTX is fine," "Assets are fine."
The firm confirmed that Sam Bankman-Fried has stepped down, and John J. Ray III, a corporate turnaround specialist, took over.
The speed of FTX's downfall stunned crypto insiders and sent shock waves through the sector, struggling to gain mainstream credibility.
Bankman-Fried was lobbying to shape regulations, and FTX was widely viewed as one of the most stable and responsible companies in the loosely regulated crypto industry.
FTX reportedly has more than 100-thousand creditors, assets in the range of 10 to 50 billion dollars, and liabilities in the range of 10 to 50 billion dollars.
As government investigations are launched, there could be more damaging revelations or even criminal charges.
#Economy #cryptocurrency #Arirang_News
2022-11-12, 12:00 (KST)
FTX announced it was filing for bankruptcy.
Friday's development marks a dramatic end to an extraordinary week of corporate drama that has upended crypto markets.
This is in contrast to Monday when the chief executive of the cryptocurrency exchange reassured customers via Twitter: "FTX is fine," "Assets are fine."
The firm confirmed that Sam Bankman-Fried has stepped down, and John J. Ray III, a corporate turnaround specialist, took over.
The speed of FTX's downfall stunned crypto insiders and sent shock waves through the sector, struggling to gain mainstream credibility.
Bankman-Fried was lobbying to shape regulations, and FTX was widely viewed as one of the most stable and responsible companies in the loosely regulated crypto industry.
FTX reportedly has more than 100-thousand creditors, assets in the range of 10 to 50 billion dollars, and liabilities in the range of 10 to 50 billion dollars.
As government investigations are launched, there could be more damaging revelations or even criminal charges.
#Economy #cryptocurrency #Arirang_News
2022-11-12, 12:00 (KST)
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