Business

Billionaire Mark Cuban Assigns Blame Over Crypto Crisis

Billionaire Mark Cuban Assigns Blame Over Crypto Crisis

Mark Cuban is not happy and makes it known.

The successful entrepreneur seems, 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 a potential savior to try and rescue it. Binance, the biggest crypto exchange and big rival of FTX, tried but finally gave up.

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