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The alternate platform has filed for chapter, leaving hundreds of shoppers at midnight.
One of many world’s largest crypto exchanges says it’s investigating lots of of hundreds of thousands of {dollars} of unauthorised withdrawals.
Analysts say hundreds of thousands of {dollars}’ value of property have been moved from the platform.
FTX filed for chapter on Friday.
It says it desires authorized safety because it appears to be like for methods to return cash to prospects.
Crypto costs have been sliding all 12 months, however the collapse of FTX stands out.
So, what does this collapse imply for traders – and the trade?
Presenter: Hashem Ahelbarra
Friends:
Robert Koepp – Chief govt officer of Geoeconomix, a world financial and technique advisory agency
Zennon Kapron – Founder and director of Kapronasia, an unbiased analysis and consulting agency centered on the Asian monetary companies trade
Glen Goodman – Marketing consultant to the monetary funding platform eToro, and writer of The Crypto Dealer
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