One of the world's largest crypto exchanges says it is investigating hundreds of millions of dollars of unauthorised withdrawals.
Analysts say millions of dollars worth of assets, have been moved from the platform.
FTX filed for bankruptcy on Friday.
It says it wants legal protection as it looks for ways to return money to customers.
Crypto prices have been sliding all year, but the collapse of FTX stands out.
So, what does this collapse mean for investors - and the industry?
Presenter: Hashem Ahelbarra
Guests
Robert Koepp, chief executive officer of Geoeconomix, a global economic and strategy advisory firm.
Zennon Kapron, founder and director of Kapronasia, an independent research and consulting firm focused on the Asian financial services industry.
Glen Goodman, consultant to the financial investment platform, eToro, and author of The Crypto Trader.
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#FTX #FTXFall #FTXBankruptcy #CryptoCurrencies #InsideStory
Analysts say millions of dollars worth of assets, have been moved from the platform.
FTX filed for bankruptcy on Friday.
It says it wants legal protection as it looks for ways to return money to customers.
Crypto prices have been sliding all year, but the collapse of FTX stands out.
So, what does this collapse mean for investors - and the industry?
Presenter: Hashem Ahelbarra
Guests
Robert Koepp, chief executive officer of Geoeconomix, a global economic and strategy advisory firm.
Zennon Kapron, founder and director of Kapronasia, an independent research and consulting firm focused on the Asian financial services industry.
Glen Goodman, consultant to the financial investment platform, eToro, and author of The Crypto Trader.
Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
#FTX #FTXFall #FTXBankruptcy #CryptoCurrencies #InsideStory
- Category
- World
- Tags
- FTX and Alameda, FTX bankruptcy, Gary Wang
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