What’s happened?
TX, one of the world’s biggest cryptocurrency platforms, filed for Chapter 11 bankruptcy in the US last Friday after a customer panic and corporate collapse that played out over the course of six dramatic days. “FTX is fine. Assets are fine,” tweeted the firm’s chief executive, Sam Bankman-Fried, on Monday last week. By the Thursday, that tweet had been deleted, and replaced with: “I am sorry… I f*cked up and should have done better.” That was the day Bankman-Fried – a 30-year-old tech entrepreneur previously seen as one of the most trusted and open players in
