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BREAKING: Crypto exchange FTX files for bankruptcy in the US; CEO Sam Bankman-Fried resigns as DOJ questions why Binance pulled out of deal

By Elizabeth Hearst for AMLi

Beleaguered cryptocurrency exchange FTX has filed for bankruptcy in the US after it failed to secure a rescue package. 

The firm’s founder and CEO, Sam Bankman-Fried has also resigned, but will remain at the company to assist with an orderly transition. 

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