For Clients of Bankrupt FTX: a Bit of Good News

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The Street

By Luc Olinga The bankruptcy of Sam Bankman-Fried’s cryptocurrency empire came as a shock to customers and investors. The bankruptcy of Sam Bankman-Fried’s cryptocurrency empire on Nov. 11 came as a shock to customers and investors of the various companies involved. The immediate open question is whether they’ll get their money back. The FTX cryptocurrency exchange was one of the central platforms in the fledgling financial-services industry, which aims to disrupt traditional finance. Millions of retail investors worldwide had opened accounts on FTX and bought and sold cryptocurrencies, leavin…

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