A “substantial amount” of assets of failed crypto exchange FTX are presently missing and may have been stolen as a liquidity crunch precipitated a crisis of leadership and led the firm to collapse, its lawyer said in court
The cryptocurrency platform is making its first appearance at a Delaware bankruptcy court since filing the largest-ever crypto chapter 11
More than a year before its collapse, FTX moved its headquarters to the Bahamas—a country that worked to lure crypto companies to its shores.
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