SEC investigates FTX collapse. It needs over $8 billion to survive

SEC after FTX

About FTX

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Founder of FTX

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The Failed Acquisition

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Why Binance didn't buy FTX?

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The Bankruptcy

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SEC investigation

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FTX Assets Frozen

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What's next?

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We're on You Tube

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SEC after FTX

SEC after FTX

About FTX

About FTX

FTX is one of the leading cryptocurrency exchanges in the world. Infact, by volume FTX was the second largest exchange after Binance sometime back.

Founder of FTX

Founder of FTX

Sam Bankman-Fried is the founder of FTX. He's also the founder of Alameda Research, the investment arm of FTX.

The Failed Acquisition

The Failed Acquisition

In a tweet, Binance's founder CZ announced that to save FTX from liquidity crunch Binance will acquire it. But the deal is dead in the water

Why Binance didn't buy FTX?

Why Binance didn't buy FTX?

Swipe up to learn why the deal failed to take-off.

The Bankruptcy

The Bankruptcy

Acc. to a statement released by Sam, FTX requires $8 billion to overcome bankruptcy. Right now, there's no saviour

SEC investigation

SEC investigation

SEC has taken steps to investigate FTX for potential security violations, criminal activities or any sort of offense committed.

FTX Assets Frozen

FTX Assets Frozen

The Securities Commission of Bahamas has frozen the assets of FTX digital markets.

What's next?

What's next?

FTX need over $8 billion to save itself from bankruptcy. At the moment, it's likely to dissolve and with it crypto markets will face an intense sell-off.

Also Read:

Also Read:

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1..Play & Earn $BUSD

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2..BAYC NFT down

3..OpenSea vs 0 royalty

3..OpenSea vs 0 royalty

We're on You Tube

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