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One month into the FTX crash and the controversy is still all over. The organisation has filed for bankruptcy but read on to know what the CEO said in his first interview.
We have been noticing an interesting trend this week in the global cryptocurrency market. While the market cap has fallen by approximately 2%, we have seen a spike in the volume of a similar percentage. These headwinds have continued as it recovers from developments including the FTX crash.
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Buzzing in the crypto world
Last month, FTX led to the market crashing. This week, FTX CEO Sam Bankman-Fried had everyone’s attention. In a tell-all interview with the New York Times addressed allegations on fraud, mismanagement and the road ahead.