FTX’s Bankruptcy: How It Happened, How It Shook The Crypto Market And Why It Might Be A Good Thing
The FTX exchange is insolvent, Binance is taking it over, and the crypto markets are in turmoil. We reel off the story. How could this happen — and what does it mean?
What turbulent days. FTX, supposedly the second largest crypto exchange, is insolvent, and can only be saved by Binance, the largest…