The Texas agency that helped expose ‘King of Crypto’ Sam Bankman-Fried’s FTX empire | Watchdog
Sam Bankman-Fried’s story is Shakespearean. One of the world’s richest men takes his FTX crypto empire from riches to rags, leaving investors with huge lossesSometimes you don’t need a subpoena or a search warrant to help expose a multi-billion-dollar loss in the cryptocurrency world. All you need is a cell phone.
to the Texas warning sign last month, they might have considered taking their money out of FTX sooner than this month’s run on the company. In initial bankruptcy papers FTX didn’t list its assets, its debts or its creditors. A subsequent filing shows FTX owes an astounding million creditors.crypto company going bad. FTX is, or was, the crypto company with a golden reputation. It was created and run by the rock star of the crypto world -- SBF. But what a strange cat this boy is.
Major League Baseball umpires wore the FTX logo on their game uniforms during the 2022 season. FTX failed and filed for bankruptcy.
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