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the worldamp;#39;s second largest crypto exchange FTX just filed for bankruptcy but what happened well no one knows for sure itamp;#39;s purely speculation things started to go wrong when somebody leaked the balance sheet of FTX two point disc a crypto News company ing to the reports the biggest asset they had was ftt the native FTX exchange this news created a panic with the investors if the value of ftt goes down then it may liquidate the company and suddenly investors started cashing out and boom the value of ftt crashed and so does FDX Exchange well is only the collapse of ftt responsible for bankruptcy no things werenamp;#39;t going smooth for FTX to know more about this stay tuned for the second part