Cryptocurrency Q&A Is FTX still working?

Is FTX still working?

Lorenzo Lorenzo Wed Nov 06 2024 | 6 answers 1146
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. Is FTX still working?

6 answers

Carolina Carolina Fri Nov 08 2024
The founding members of the exchange were Sam Bankman-Fried and Gary Wang.

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ShintoBlessing ShintoBlessing Fri Nov 08 2024
The cryptocurrency exchange in question was established in the year 2011.

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CryptoBaron CryptoBaron Thu Nov 07 2024
The scale of the fraud was so vast that it forced the exchange to file for Chapter 11 bankruptcy.

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Alessandra Alessandra Thu Nov 07 2024
The exchange operated successfully for several years, gaining a significant share of the cryptocurrency market.

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Chiara Chiara Thu Nov 07 2024
However, in 2022, the exchange faced severe financial difficulties due to a massive fraud scheme.

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