FTX update: Crypto exchange faces $3.7B loss, Japanese arm aims to resume withdrawals

Nov. 21, 2022 1:15 PM ETBy: Max Gottlich, SA News Editor4 Comments

Crypto Currency Exchange Binance Drops Plans To Aquire Rival FTX

Michael M. Santiago

FTX, the once-prominent cryptocurrency exchange that was unable to save itself from bankruptcy earlier this month, faced a carryover federal net operating loss of at least $3.7B, Bloomberg reported Monday, citing court filings.

And the minimum

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