Cryptocurrencies continued to tumble on Wednesday as the FTX exchange implodes. Crypto billionaire Sam Bankman-Fried’s trading platform experienced what is commonly referred to as a “bank run” after the US Federal Trade Commission announced it had opened an investigation into whether FTX Trading illegally handled customer withdrawals earlier in the…
FTX exchange collapses sending “seismic” shockwaves throughout the crypto industry
Cryptocurrencies continued to tumble on Wednesday as the FTX exchange implodes. Crypto billionaire Sam Bankman-Fried’s trading platform experienced what is commonly referred to as a “bank run” after the US Federal Trade Commission announced it had opened an investigation into whether FTX Trading illegally handled customer withdrawals earlier in the…