The aftermath of the ftx exchange collapse reshapes Bitcoin deposits, withdrawals
James Van Straten · 2 years ago
This article is more than 2 years old...
The aftermath of the ftx exchange collapse reshapes Bitcoin deposits, withdrawals
As trust in crypto hits a low, a significant divergence emerges between Bitcoin withdrawals and deposits
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Sam Bankman-Fried is an American entrepreneur and former chief executive of the FTX cryptocurrency exchange and the trading firm Alameda Research.
FTX
Crypto Exchange • CaribbeanFTX is a defunct cryptocurrency exchange, currently in bankruptcy proceedings, that was founded by Sam Bankman-Fried and Zixiao “Gary” Wang in May 2019.