Bankrupt crypto exchange FTX is facing criminal charges in the Bahamas, where its headquarters are located. JamieCrawleyCD reports.
’s native token CRO has dropped around 45% in the last week, while its daily volume was down to about $284 million in October compared with last year’s highs of around $4 billion. In a YouTube interview, Marszalek reiterated that
’s balance sheet is strong and its exposure to FTT was limited. He added that CRO, unlike FTX’s native token FTT, has never been used as loan collateral.This chart shows similarities between the current bitcoin bear market and the 2018 market swoon. The latest decline is reminiscent of the November 2018 capitulation that saw bitcoin drop nearly 50% to $3,200 precisely one year after the bull run peaked.
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