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The FTX Disaster is Deeper Than you Think
best.bitcoinbricks.org � frantic-texts-exchanged-by-crypto-executives-leaked-3f8d6. Have you been affected by the FTX crypto exchange collapse? The FTX cryptocurrency exchange has collapsed with at least $1bn in investor assets lost. A group chat including crypto leaders shows Binance's Changpeng Zhao accusing FTX's Sam Bankman-Fried of orchestrating trades to destabilize.

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All News Videos. Their frantic communications offer a glimpse into how business is conducted behind the scenes in the industry, with at least three top officials from rival companies exchanging messages in a group on the encrypted messaging app Signal. The explosion sparked a crypto crisis, as companies affiliated with FTX teetered on the brink of bankruptcy, putting the future of the entire industry in question. Tags: Crypto cryptocurrency FTX. Trading FTX's carcass The initial despair over FTX's failure has given way to a strange afterlife for the bankrupt exchange: a trading frenzy that has intensified in recent weeks as major financial firms seek opportunity in the rubble of one of the worst business collapses in decades.