Deal between crypto exchange FTX and Binance collapses, CEO of FTX loses almost 16 billion euros: biggest loss in one day

Crypto billionaire Sam Bankman-Fried, the CEO of the crypto exchange FTX, lost almost 16 billion euros of his assets in one day: the largest crypto loss ever. That happened after he was forced to sell FTX to his competitor Binance due to liquidity problems. However, the deal between the two crypto exchanges has failed.

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