The Hoard Planet

Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Former boss Sam Bankman-Fried has also stepped down as chief executive, the company said. It is a massive turn of fortunes for the 30-year-old, who had headed the world’s second largest crypto exchange. In just over a week, his FTX empire has collapsed, shaking confidence in the crypto market…

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