I'm wondering if FTX is still operating normally. I've heard some news about it recently and I'm concerned whether it's still functional or if there are any issues with its services.
6 answers
Carolina
Fri Nov 08 2024
The founding members of the exchange were Sam Bankman-Fried and Gary Wang.
CryptoBaron
Thu Nov 07 2024
The scale of the fraud was so vast that it forced the exchange to file for Chapter 11 bankruptcy.
Alessandra
Thu Nov 07 2024
The exchange operated successfully for several years, gaining a significant share of the cryptocurrency market.
Chiara
Thu Nov 07 2024
However, in 2022, the exchange faced severe financial difficulties due to a massive fraud scheme.