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FTX: The $32 billion implosion - Equity Mates Media

FTX valued at $32bn as blue-chip investors pile into crypto groups

From a $32 Billion Valuation to Financial Troubles: An In-Depth

Ftx Saw Its Valuation Fall

The following is an in-depth look at the cryptocurrency exchange FTX and its co-founder and frontman Sam Bankman-Fried.

Cryptocurrency exchange FTX has been valued at $32bn in a new funding round announced on Monday, as blue-chip investors continue to pile into the hype-fuelled sector.

FTX saw its valuation fall from $32 billion to $0 and Sam Bankman-Fried, FTX’s founder and CEO, saw his wealth drop 94% in a day – the fastest fall of a billionaire’s wealth in history.

During The Last Two Days

The Bloomberg wealth index assumes existing FTX investors, including Bankman-Fried, will be completely wiped out by Binance's bailout, and that the root of the

During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the

FTX, a crypto exchange once valued at over $32 billion, is now

Bloomberg Also Estimates That Ftx

FTX’s billionaire founder suffers 94% drop in wealth - BizNews

Bloomberg also estimates that FTX is only worth $1 single dollar now down from over $32 billion yesterday. The demise of FTX started over the weekend after Binance

FTX’s Slide From a $32 Billion Valuation to Needing an Emergency

FTX Exchange Valuation Falls From $32B To $1