Home Cryptocurrency FTX Contagion Revives Dreaded 2022 Crypto Knell – “Stop Download”

FTX Contagion Revives Dreaded 2022 Crypto Knell – “Stop Download”

by SuperiorInvest

Technically, this means that a crypto exchange or lender has prevented customers from getting their money or digital tokens back – usually because there simply aren’t enough assets on hand to meet redemption requests. However, the likely result is that the business is unlikely to recover easily from the destruction. In many cases, the next step is to declare bankruptcy.

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