Billionaire Mark Cuban Assigns Blame for Crypto Crisis

Mark Cuban is not happy and makes it known.

Successful entrepreneurs seem, like most business circles, to have been shocked by the implosion, in less than a week, of FTX, one of the big players in the crypto sphere.

The cryptocurrency exchange filed for Chapter 11 bankruptcy on November 11, after three turbulent days, which saw a company valued at $32 billion in February urgently calling on its rivals for help.

But FTX’s financial situation was too dire for potential rescuers to attempt to save it. Binance, the largest crypto exchange and a big rival of FTX, tried but in the end give up.

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