FTX Collapse After Major Platform Crashes

The net worth of FTX owner Sam Bankman Fried has decreased by 94%.

One of the world’s largest cryptocurrency exchanges FTX Collapse

Crypto exchanges allow customers to buy and sell cryptocurrencies

FTX’s founder, Sam Bankman-Fried worth $16bn to zero within 1 days 

FTX nearly collapsed because they faced a “liquidity” issue. 

Sam Bankman Fried then apologized to investors and users from his twitter account.

Sam told that everyone's money will be recovered in the coming 5 years.

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