2min chapter

Money For the Rest of Us cover image

Is Cryptocurrency Dead? Will the FTX Fallout Kill Crypto?

Money For the Rest of Us

CHAPTER

Introduction

FTX, the third largest crypto exchange in the world by trading volume with a 10% market share, filed for bankruptcy. Customers are missing out on over a billion dollars of their funds that they had custody at FTX. The money's gone, and the Security and Exchange Commission and the Justice Department are investigating.

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