FTX was an international cryptocurrency exchange founded by Sam Bankman-Fried. It allowed users to trade various digital assets, including cryptocurrencies and derivatives. In 2022, FTX filed for bankruptcy amid allegations of financial misconduct and mismanagement, leading to a significant impact on the cryptocurrency market and a conviction for fraud and conspiracy for its founder Sam Bankman-Fried, who is expected to spend more than 18 years in federal prison.[1]
109
pages