cover of episode Nov 23: The FTX crisis explained — what happened, what's next, and what it means for crypto

Nov 23: The FTX crisis explained — what happened, what's next, and what it means for crypto

2022/11/23
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Crypto Today

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On today's CoinMarketRecap, Connor Sephton and Molly Jane Zuckerman dive into the crisis that has engulfed FTX. We find out what led to the exchange filing for bankruptcy, the bombshell allegations against Sam Bankman-Fried and other executives, and what all of this means for the thousands of people who had funds locked up in the platform. Plus — we take a look at what will happen next as bankruptcy proceedings wind their way through the courts, and how this will affect the wider crypto sector. You can follow us on Twitter — @MollyJZuckerman, @ConnorSephton and @CoinMarketCap.