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Ethereum World News
2022-11-23 14:22:50

Sam Bankman-Fried wrote FTX employees a letter to break down why the crypto exchange crashed

Sam Bankman-Fried wrote FTX employees a letter to break down why the crypto exchange crashed

Summary: Bankman-Fried apologized again to FTX employees and threw more light on why the cryptocurrency exchange failed. The letter released on Tuesday suggested that SBF regrets filing for bankruptcy earlier in November. Also, the FTX founder believes saving the crypto exchange is not impossible. Another letter from Sam Bankman-Fried to FTX employees gave further insight into how one of the biggest cryptocurrency exchanges ended up bankrupt. Bankman-Fried apologized to staff and then pointed to developments in the digital asset industry

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