Investors withdraw record levels of bitcoin from crypto exchanges

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The collapse of Sam Bankman\u002DFried\u0027s FTX is stirring fears among investors over the safety of their assets. Read more.

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.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.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. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againNew chief executive John Ray described a lack of basic risk management and Bankman-Fried has admitted to poor internal controls.

 

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That was a month ago, money went back in Herald is not a good place to get investment advice

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Investors withdraw record levels of bitcoin from crypto exchangesThe collapse of Sam Bankman\u002DFried\u0027s FTX is stirring fears among investors over the safety of their assets. Read more. If they were smart they'd convert it into Monero. People don't understand crypto and exchanges actually lol
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