Losses Pile Up in FTX Bankruptcy Turmoil

Losses Pile Up in FTX Bankruptcy Turmoil

The New York Times - Business:

The crypto exchange’s founder, Sam Bankman-Fried, says the company suffered a $51 billon collapse in collateral, but he thinks filing for Chapter 11 was a mistake.

This post first appeared in The New York Times - Business. Read the original article.