Friday, 24 March, 2023

Amidst Turmoil, Head of Cryptocurrency Network FTX Files for Bankruptcy

<p>Chief executive, Sam Bankman of financially troubled cryptocurrency platform FTX has resigned while company has filed for bankruptcy in the US. This is the latest development in a saga that has shaken the world of digital currencies. The largest cryptocurrency platform in the world, Binance, planned to buy its rival earlier this week but later withdrew, prompting market participants to think about potential regulatory responses.</p>