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Crypto giant FTX files for bankruptcy after CEO sees $16 billion net worth wiped in one day

Home> News

Updated 19:07 11 Nov 2022 GMTPublished 19:08 11 Nov 2022 GMT

Crypto giant FTX files for bankruptcy after CEO sees $16 billion net worth wiped in one day

The CEO saw a whopping 94 percent knocked off his net worth in a single day

Claire Reid

Claire Reid

Featured Image Credit: Sipa US / Simon Belcher / Alamy Stock Photo

Topics: US News, Cryptocurrency, Money

Claire Reid
Claire Reid

Claire is a journalist at UNILAD who, after dossing around for a few years, went to Liverpool John Moores University. She graduated with a degree in Journalism and a whole load of debt. When not writing words in exchange for money she is usually at home watching serial killer documentaries surrounded by cats.

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