Up to 80,000 FTX clients are from UK

December 5, 2022

FEATURED

Around 80,000 customers of the collapsed cryptocurrency exchange FTX are from the United Kingdom.

Sam Bankman-Fried’s company, used to buy assets like Bitcoin, crashed last month.

Large sums of money have gone missing from the exchange, amid allegations customer funds were mismanaged.

Now he faces the possibility of criminal investigations into the company’s collapse, with aggrieved investors filing lawsuits.

MORE UK SECURITY NEWS HERE

Bankman-Fried, once rumoured to be a billionaire, is now said to be work a tiny fraction of that today.

Read Next