FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns

Nov 11, 2022

Crypto exchange FTX announced that it is filing for Chapter 11 bankruptcy and Sam Bankman-Fried has stepped down from his role as CEO but will “remain to assist in an orderly transition.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.

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