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FTX’s bankruptcy rocks the cryptocurrency world

FTX’s bankruptcy rocks the cryptocurrency world

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FTX, one of the world’s largest cryptocurrency trading platforms, announced on Friday that it was filing for bankruptcy and that its boss had resigned.


This fall of one of the giants of cryptocurrency has not finished shaking the sector. Less than a week after the first doubts about the solvency of the platform were raised, FTX says goodbye to the world of digital assets. Still valued at 32 billion dollars (30 billion euros) a few days ago, this failure represents an unprecedented shock for professionals in the field, normally used to crises of mistrust.

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According to the American media, the fortune of its boss, Sam Bankman-Fried, estimated at 16 billion dollars, has disappeared in a few days.


A real fall for a virtual company



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