From Binance to Voyager, crypto firms' exposure to FTX is coming to light
Updated: 15 Nov 2022, 08:15 AM IST
TL;DR.Some of FTX's investors have said they are writing their investment down to zero. Other crypto firms may be exposed to FTX by having held tokens on the exchange or by owning FTX's native token, FTT, which plunged around 94% last week.
FILE PHOTO: The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco Bello/File Photo