鏈新聞 Abmedia
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Review of the FTX run: From Binance’s announcement to bankruptcy, what happened in just five days?
In November 2022, cryptocurrency exchange FTX experienced a devastating run that ultimately turned from a liquidity crisis into a bankruptcy event in just five days. A tweet from Binance CEO Changpeng Zhao (CZ) rejecting the acquisition further prompted FTX to file for bankruptcy on November 11 and reveal a funding gap of up to $8 billion. This storm not only shook the entire crypto market, but also attracted the attention of global regulators.
(Three first-hand reports that brought down the FTX empire! CoinDesk reporters won representative awards in the journalism industry)
(Three first-hand reports that brought down the FTX empire! CoinDesk reporters won representative awards in the journalism industry)
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