Cryptocurrency exchange FTX said on Tuesday it was receiving interest from potential buyers for its assets and would conduct process to reorganize or sell them.
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Cryptocurrency exchange FTX owes over $3B to creditorsBahamas-based FTX filed for bankruptcy on Nov. 11 after the exchange acknowledged that it had used customer funds to cover bad bets by Bankman-Fried's trading arm, Alameda Research.
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FTX hacker dumps 50,000 ETH, still among top 40 Ether holdersThe FTX hacker drained nearly $447 million out of multiple FTX global and FTX.US exchange wallets just hours after the crypto exchange filed for Chapter 11 bankruptcy on Nov. 11.
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Bitcoin hits 2-year low as $1.4 trillion wiped off crypto market this year after FTX collapseBitcoin on Tuesday hit a two-year low as the cryptocurrency market takes a bruising following the collapse of major exchange FTX.
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FTX collapse should be ‘wake-up call’ for tougher crypto rules, Elizabeth Warren saysRegulators and lawmakers must act “before the next crypto catastrophe takes down our economy,” Sen. Elizabeth Warren wrote in a Wall Street Journal op-ed.
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Bankrupt crypto exchange FTX owes its top 50 creditors about $3 billionThe exchange — worth $32 billion just earlier this year — filed for Chapter 11 bankruptcy on November 11, after a week of turmoil.
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BlockFi user explains how FTX collapse cost him $2,500 following crypto lenders’ ‘significant exposure’BlockFi user and investment adviser Steve Snowden shared his experience losing $2,500 after crypto lender BlockFi paused services due to 'significant exposure' to FTX.
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