Sam Bankman-Fried Steps Down as FTX CEO as FTX Declares Bankruptcy
FTX capped a rough week for crypto by filing for Chapter 11 bankruptcy in a United States court. Sam Bankman-Fried also stepped down as FTX’s CEO. The public drama this week started when Binance CEO Changpeng Zhao announced that it was going to dump its FTT holdings. FTT is FTX’s native token and could be … [Read more…]