Current currencies have been subjected to a sudden strong blow, as the executive president of the “FTX” platform, Sam Bankan Fried, stepped down his position, which announced its bankruptcy.
The reason for the bankruptcy “FTX” platform
The encrypted currency trading platform was subjected to severe liquidity and a deficit of up to $ 8 billion, and its attempts to obtain a rescue package were failed from industrial players.
The digital diploma platform witnessed mysterious withdrawals from the distinctive symbols of about 662 million dollars during the past 24 hours in an unexpected blow to the platform, which caused widespread disturbances in the encrypted currency market
Customer currency customers
When the tricks narrowed, some Users of the FTX currency exchange resorted to the method of transferring the money from the stock exchange via a rear door in the Bahamas.
An analysis conducted by the ARGUS data company found unusual trading patterns over the past five days, as FTX has been making a gateway for clients with withdrawal.
The collapse of Sam Bangan’s wealth:
As a result of this crisis, the wealth of the company’s founder, Sam Bankan Fried, was 94 % in a day
Withdrawal operations in the Bahamas
The World Current Currency Exchange currently allowed withdrawals in the Baham Islands only after stopping FTX liquidations anywhere in the world.
The company, which was valued at $ 32 billion in NASO, said in a tweet on “Twitter”, that it had to facilitate the withdrawals in the Bahamas to comply with local regulations.
Some Twitter users referred to similar violations this week, as some of them wrote that the users were buying NFTS that were offered for sale by users in the Bahamas.
He pointed out that a portfolio withdrew $ 21 million in the Tether Tether currency from FTX, and sent it to an address that appears to be located in the Bahamas.
It was reported that FTX witnessed mysterious external flows after applying for bankruptcy protection.
The cryptocurrency market has decreased in the last 48 hours by 2. 6 % to reach $ 846 billion, according to the Queen Market Cap platform
Bitcoin declined
Bitcoin, the largest cryptocurrency, fell to $ 16.
798, and Ethereum has decreased to $ 1264
US Treasury Secretary Janet Yellen commented that the collapse of digital currency platforms has strengthened her point of view that the market of these currencies requires a very accurate organization..
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