A lot of funds and companies kept their funds on FTX, so they will obviously be affected. A lot of companies already tweeted out or put out statements saying we don't have much exposure,. And so we'll see the ripple effects of that in the coming days. There can be other tokens that are impacted. But honestly, FTX was such a huge presence in the entire ecosystem.
Bloomberg News Crypto Reporter Olga Kharif discusses Sam Bankman-Fried’s digital-asset empire filing for Chapter 11 bankruptcy. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology and Venture Capital Reporter Priya Anand provide the details of Priya's Businessweek Magazine story One of Gaming’s Most Hated Executives Is Crashing the Metaverse. Timothy Tully, CEO of ZelCore, shares his thoughts on the collapse of FTX and what it means for the future of crypto. And we Drive to the Close with Ryan Detrick, Chief Market Strategist at The Carson Group.
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