FTX bankruptcy freezes millions worth of crypto company funds

Cointelegraph

Published Nov 15, 2022 07:29PM ET

Updated Nov 16, 2022 12:20PM ET

The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry, with multiple crypto-focused companies reporting significant amounts of their capital stuck on FTX.

Between Nov. 11 to 14, three crypto companies announced large losses, with one of them having to lay off workers to deal with the crisis.

Continue Reading on Coin Telegraph