The FTX logo appears on a home plate umpire's jacket at an MLB game, Sept. 27, 2022, in Minneapolis.
The unraveling of the once-giant exchange is sending shockwaves through the industry. Here's a look at the company's collapse so far:Customers fled the exchange over fears about whether FTX had sufficient capital, and it agreed to sell itself to rival crypto exchange Binance. But the deal fell through while Binance’s due diligence on FTX’s balance sheet was still pending.
The week’s developments marked a shocking turn of events for Bankman-Fried, who was hailed as somewhat of a savior earlier this year when he helped shore up a number of cryptocurrency companies that ran into financial trouble. He was recently estimated to be worth US$23 billion and has been a prominent political donor to Democrats.FTX confirmed Saturday there had been unauthorized access to its accounts, hours after the company filed for Chapter 11 bankruptcy protection.
What a scam. WEF Great Reset is going down. Plus the politicians and fake news influence peddlers that went along with what would have amounted to a genocide. If I've ever thought about it. Others are planning it. If others are planning it. Others are ready to execute their plans
Democrat fundraisers are ripping out their hair by the fistful.
Will the Democrat Party give back the $50 million it received to the thousands of retail investors who lost their shirts ?
Who would buy any amount of crypto and store it in online wallets? I mean.. everybody should know better by now. A democrat can not steal your assets from a cold wallet. Keep it safe and secure in your house where democrats can not find it!
Money laundering! Though Ukraine?
Thieves
Biden gives foreign aid to Ukraine. Ukraine invests some of that Aid in FTX FTX donates millions to the [D] Party [D] Party funds Midterms. Money laundering, thats whats going on. 2020 it was BLM. 2022 its FTX
Something like Ukraine used for money laundering to create FTX the funneled back to the Democrats!!!
📣WeWantTrump
Notice how all these stories that lead back to the Democrats were held off until after the midterms?
What's happening at the Democratic Parties Money laundering headquarters . There I fixed your headline
It sounds like the beginning of the collapse
Democrats are losing their second biggest donor- ceo from there annnd probably less Ukraine money laundering/kid exploitation?
Unregulated Cryptocurrency is a fools currency, the list keeps growing.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CTVCalgary - 🏆 26. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »