FTX was run as 'personal fiefdom,' faces hacks, missing assets, attorneys say

In the highest-profile crypto blowup to date, FTX filed for protection in the United States after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescue deal. The collapse has left an estimated 1 million creditors facing losses totaling billions of dollars.

from Tech-Economic Times https://ift.tt/OBjPxqd