Sam Bankman-Fried’s $32 billion FTX empire is now bankrupt, sending markets crumbling — and the saga is far from over. Ever since FTX failed to withstand a $6 billion bank run last week, the once mighty brand has gone down as one of the worst catastrophes in digital asset history. But it was only six days ago that Binance CEO Changpeng Zhao had announced a plan to acquire FTX, a deal which would’ve seen the world’s top crypto exchange absorb its primary rival. The timeline below tracks major events leading up to the FTX group filing for bankruptcy last Friday,Go to Source
Author: coinmaker