Different information is coming about the amount of investors missing from FTX exchange. Some claim that around $1.7 billion or Rs 13,600 crore have sunk. While some investors are telling this amount around $ 100 million to $ 200 million.
Investors lost billions of rupees in FTX exchange
There is a lot of turmoil in the crypto market. cryptocurrency The investors are sitting on their heads. They do not understand what will happen to the money that is being spent with great enthusiasm. bitcoin Like were planted in cryptocurrency. Two-four days ago you must have heard the news that the price of bitcoin is running at the lowest level of two years. The reason behind this is crypto exchange ftx Was told. It was reported in the foreign media that the FTX exchange has been sold to the world’s largest exchange Binance. Now a new news has come which is very bad for crypto investors. The news is that 8054 crore rupees of investors have disappeared from FTX exchange.
The news is that FTX, one of the world’s largest crypto exchange, has declared itself bankrupt and has filed an application on Friday for its legal solution. Being bankrupt simply means that this exchange does not have any amount or capital left. It is alleged that about 100 million dollars or 8054 crore rupees of investors have disappeared in this exchange. After this the exchange has applied for bankruptcy process.
8054 crore drowned
It has been revealed in the media reports that Sam Bankman, the founder of FTX Exchange, transferred an amount of about 8054 crores from the exchange to his trading company Alameda Research without informing the investors. As soon as this news came in the media, crypto investors were shocked as a large part of their funds are said to be missing from the crypto exchange. One big issue with cryptocurrency is that it is not regulated by any central bank system. Therefore, no government or bank will act on it according to the rules. There is uneasiness among investors all over the world after getting the information about missing funds. On the other hand, there is a huge fall in the prices of big cryptocurrencies like bitcoin and ethereum.
SOLD OUT
Different information is coming about the amount of investors missing from FTX exchange. Some claim that around $1.7 billion or Rs 13,600 crore have sunk. While some investors are telling this amount around $ 100 million to $ 200 million. CoinDesk was the first to report that Binance may buy the FTX exchange very soon. As soon as this news came to the fore, a sharp sell-off was seen in cryptocurrencies like bitcoin and the prices kept falling. Reuters has also given the news of missing funds from FTX. This information has been given by quoting sources.
hacking or conspiracy
The report of ‘Reuters’ states that the founder of FTX has secretly transferred an amount of $ 10 billion to his trading company Alameda Research. However, FTX has given a different argument on this news. FTX has written on its Telegram channel that its crypto platform has been hacked. It has been written in the message that there has been a disturbance of 600 million funds which have been transferred. Investors are doubting this because the matter of hacking and transfer came to the fore on the day FTX filed for bankruptcy. FTX is not ready to officially accept the amount transferred after hacking.
English News Headline: about USD 1 billion in customer funds have vanished from troubled cryptocurrency exchange FTX