VOT Research Desk
Turkey’s authorities are now keeping a close check on the FTX exchange, as disclosed by the country’s finance minister on November 23.
After declaring bankruptcy on November 11, the bankrupt exchange, FTX, has been the focus of regulatory scrutiny from various countries.
As the FTX hearings generated major headlines overnight As more puzzle pieces fit together, it becomes evident that FTX may be implicated in fraud and that many assets have vanished.
Further queries and enquiries will be required, while Binance has stated that it is more than willing to buy the components and elements of FTX that are salvageable.
