FTX, once the darling of the crypto industry, filed for bankruptcy protection in mid-November after an US$8 billion hole emerged in its balance sheet.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.
The rush for the exit comes as the price of bitcoin has plunged 64 per cent this year and is currently trading around US$17,000.
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