Crypto Crash...What's Next?
Crypto exchange FTX crashed in November, sinking major tokens in its wake. Here's what it means for U.S. investors FTX, a major cryptocurrency exchange, and FTX.US, its U.S. branch, filed for Chapter 11 bankruptcy on Nov. 11, 2022. Former founder and CEO Sam Bankman-Fried was arrested on Dec. 12 in the Bahamas and will be extradited to the U.S., where he faces eight criminal charges including wire fraud and conspiracy to defraud investors. According to a complaint filed by th