The once multi-billion dollar cryptocurrency enterprise, which was headquartered in the Bahamas, started unraveling after a CoinDesk article questioning the financials of FTX’s sister company Alameda Research led to a liquidity crunch in early November. On Tuesday, rival exchange Binance was looking to buy the embattled FTX before the deal was scrapped – the exchange is now seeking protection from bankruptcy in the U.S.
Promoting Bitcoin is like taking part in in a ‘unhealthy house-rate on line casino’ — Adam Again
Promoting Bitcoin is like “taking part in in a very unhealthy house-rate on line casino,” based on Adam Again, CEO...