The exchange has filed for bankruptcy, leaving thousands of customers in the dark.
One of the world’s largest cryptocurrency exchanges says it is investigating hundreds of millions of dollars in unauthorized withdrawals.
Analysts say millions of dollars worth of assets have been moved off the platform.
FTX filed for bankruptcy on Friday.
It said it wanted legal protection as it sought to return customers money.
Cryptocurrency prices have been sliding all year, but the fall of FTX is striking.
So what does this fall mean for investors — and the industry?
Indicator: Hashem Ahelbarra
Guest:
Robert Koepp – CEO of Geoeconomix, a global economic and strategy consulting firm
Zennon Kapron – Founder and director of Kapronasia, an independent research and consulting firm focused on the Asian financial services industry
Glen Goodman – Consultant for financial investment platform eToro, and author of The Crypto Trader
