What will happen to the cryptocurrency sector after the FTX collapse?

 

One of the safest and most dependable exchanges in the nascent cryptocurrency market that seeks to mainstream tokens in the financial system is FTX.

Sam Bankman-$32 Fried’s billion business, however, virtually disappeared overnight, underscoring the extraordinary volatility of virtual currency. The failure has shocked the market and prompted concerns about its future.

More than a million debtors who may now be out of pocket have received no benefit from his apology.

We also inquire as to why tech corporations are firing workers elsewhere.

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