FTX Crypto Exchange Collapse!
The company’s valuation plunged from $32 billion to bankruptcy in a matter of days, dragging down founder and CEO Sam Bankman-Fried’s $16 billion net worth to near-zero. 📉
FTX’s collapse shook the volatile crypto market, which lost billions in value, dropping below $1 trillion. The consequences of FTX’s rapid decline and collapse have impacted cryptocurrencies and are dragging down broader markets.
#cryptocurrencies #howtotrade #ftxcollapse #shorts
* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice.