Bankrupt FTX Faces Felony Investigation within the Bahamas

The as soon as multi-billion greenback cryptocurrency enterprise, which was headquartered within the Bahamas, began unraveling after a CoinDesk article questioning the financials of FTX’s sister firm Alameda Analysis led to a liquidity crunch in early November. On Tuesday, rival trade Binance was seeking to purchase the embattled FTX earlier than the deal was scrapped – the trade is now looking for safety from chapter within the U.S.

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