FTX Collapse: Sam Bankman-Fried Questioned By Police, Crypto Market Wobbles

Published by
The Street

By Martin Baccardax The fallout from FTX’s spectacular collapse last week continues to echo through crypto markets as officials probe mysterious withdraws and pick through the failed exchanges complicated balance sheet. Bitcoin prices steadied in overnight trading, while a host of digital coins and blockchain-related tokens shed billions of value alongside it, as the cryptocurrency word continues to pick through the wreckage of FTX’s spectacular collapse from late last week. Bloomberg reported that Sam Bankman-Fried, the 30-year old founder of the FTX exchange, was questioned by Bahamian autho…

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