Crypto Price Check: FTX Collapse Puts Exchanges Under the Microscope

Published by
The Street

By Rob Lenihan The arrest of FTX founder Sam Bankman-Fried has put pressure on cryptocurrency exchanges as investors keep an eye on Binance. It is probably impossible to talk about cryptocurrency without mentioning the name Sam Bankman-Fried. The founder of the bankrupt cryptocurrency exchange FTX has been confined to a Bahamian prison after U.S. federal officials requested his arrest on Dec. 12. American authorities are trying to piece together the Nov. 11 implosion of his multibillion-dollar crypto empire. “It is worth noting that even thought there is an extradition treaty between the Baham…

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