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Crypto giant FTX to file for bankruptcy, CEO Sam Bankman-Fried steps down

Por: NBC News Business November 11, 2022

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The crypto giant FTX and its affiliated companies have started the process of filing for Chapter 11 bankruptcy, with founder Sam Bankman-Fried stepping down as CEO. The filing represents a staggering turn for the cryptocurrency exchange, once reportedly valued at $32 billion and seen as the face of the industry thanks to its voluminous marketing and advertising efforts. The resignation of Bankman-Fried, 30, is stunning. He was a crypto... + full article



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