FTX CEO: Some Crypto Exchanges Are On The Edge Of Bankruptcy

A series of insolvency may be at hand in the crypto exchange market. In an interview with Forbes, Sam Bankman-Fried, CEO of FTX, also seen as a hero for struggling companies lately, said that more crypto companies are close to default. “There are some third-tier exchanges that are already secretly insolvent,” he commented. The downtrend [...]

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