Crypto Platform FTX Goes Bankrupt In US, CEO Resigns

Crypto exchange, FTX has filed for bankruptcy in the United States of America

In a statement issued by the company on Twitter, the platform’s Chief Executive Officer, Sam Bankman-Fried, has also stepped down as CEO and has been replaced by John J. Ray III. Bankman-Fried will however stay on to assist with the transition.

Credit: Twitter | FTX_Official|Punch

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