this cryptoeconomics it’s already living what’s been called a Lehman Brothers moment. this bankruptcy FTX, which was one of the main trading platforms until a few weeks ago. cryptocurrencies Young entrepreneur from the world left the company led by Sam Bankman-Fried It has approximately $3,100 million in debt with 50 major shareholders.
In a court filing, FTX disclosed on Saturday that it owed approximately $1.45 billion to its ten largest creditors; This is an amount that he cannot pay due to lack of liquidity.
Founded in 2019 and headquartered in Bahamas, the young company announced itself on 11 November. bankruptcy inside United States of America after a series of disclosures that shook investor confidence. Thousands have withdrawn their money into the FTX ‘token’, the digital asset on which the company is based and which has no more value than its investors gave it.
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Distrustful of the model, FTX collapsed like a house of cards in a matter of days, trapping nearly a million customers who saw how it behaved. investments They disappeared. Experts estimate the losses could reach billions of dollars, although still not a tangible amount.
Many of these investors these days want the president of Bankman-Fried, a 30-year-old entrepreneur, a Democratic donor who was seen as the ‘good boy’ of the crypto economy until the collapse of FTX. open position for arrangementUnlike other leading platform in this digital market, Binancenow alone on the throne.
Earlier this year, FTX was worth $32 billion. Then the wind appeared in favor of cryptocurrencies such as Bitcoin, which reached their maximum, positively impacting all companies in the industry. However, 2022 proved to be a dark year for the volatile and speculative business world. digital assets. Since then, the value of FTX has dropped more than 97%, and this decline threatens to bring some of the industry down once again.
Source: Informacion
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