FTX Bankruptcy: Company Promises Full Refund of $16 Billion in Lost Customer Funds

In November 2022, one of the largest cryptocurrency exchanges, FTX, filed for bankruptcy. On the other hand, a month later, Sam Bankman Fried, head of the stock exchange, was arrested for fraud with clients’ funds and other charges. He embezzled billions of dollars in client funds to prop up the rest of the FTX group … Read more
You can read the full story here: FTX Bankruptcy: Company Promises Full Refund of Billion in Lost Customer Funds .