FTX, once a top crypto exchange, collapsed after it was revealed they mishandled funds and made unauthorized transfers. This caused a liquidity crisis and bankruptcy, which led to founder Sam Bankman-Fried's prison sentence. Now, FTX is working to recover and return funds to its customers, offering some hope amid tighter crypto regulations.
Discover the rise and fall of FTX, a major crypto exchange, from its rapid ascent to its dramatic collapse. Learn about the investigations, bankruptcy proceedings, and the future of crypto regulations.