After the crypto lending platform Celsius and the cryptocurrency hedge fund Three Arrows Capital (3AC) filed for bankruptcy in July, the cryptocurrency exchange FTX.com, which used to be second only to Binance in terms of global trading volume, and the trading company behind it Alemeda Research Also facing collapse.

The actual manipulator behind the two institutions and FTX platform CEO Sam Bankman-Fried (referred to as SBF) admitted on Thursday, November 10 that FTX.com’s internal assets/collateral exceeded customer deposits and had closed the trading company Alameda Research.