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Crypto giant FTX files for bankruptcy after $32B collapse: CEO Sam Bankman-Fried resigns in disgrace in the face of SEC probe as lawyer who oversaw Enron liquidation takes over.

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  • Crypto giant FTX files for bankruptcy after $32B collapse: CEO Sam Bankman-Fried resigns in disgrace in the face of SEC probe as lawyer who oversaw Enron liquidation takes over.

    It seems like Crypto is starting to get a little risky. Anybody in here into Crypto as of late?
    The Bahamas-based company, recently valued as high as $32 billion, said on Friday morning that it will file for Chapter 11 bankruptcy proceedings in federal court in Delaware.

  • #2
    They got a whole arena named after this company.

    I wonder what will happen to that

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    • #3
      Not sure.

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