(948) The Rise and Fall of FTX Cryptocurrency Exchange - YouTube

FTX Cryptocurrency Exchange was once thought to be a pillar of legitimacy in the Cryptoworld. Sam Bankman-Fried, the company’s former CEO, is now answering to over $3.1 billion in unsecured claims. The company filed Chapter 11 bankruptcy earlier this month. Our team at Motherboard dives into what exactly happened, and what this means for the future of the company. Help keep VICE News’ fearless reporting free for millions by making a one-time or ongoing contribution here. - Subscribe to VICE News here: Check out VICE News for more: Follow VICE News here: TikTok: @vicenews?lang=en Facebook: Twitter: Instagram: More videos from the VICE network: Follow VICE World News here: TikTok: @viceworldnews?lang=