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JUDY: THE FALLOUT KEEPS GROWING FOR THE CRYPTO-CURRENCY INDUSTRY AFTER AN UNEXPECTED BANKRUPTCY. IT INVOLVED ONE OF THE LARGEST AND MOST WELL KNOWN EXCHANGES FOR BUYING AND SELLING CRYPTOCURRENCIES SUCH AS BITCOIN. AS AMNA NAWAZ EXPLAINS, THERE ARE NOW MAJOR QUESTIONS ABOUT HOW THIS HAPPENED AND WHAT IT MAY SIGNAL ABOUT THE LARGER WORLD OF CRYPTO FINANCE. AMNA: JUDY, THAT CRYPTO EXCHANGE , FTX, WAS FOUNDED BY SAM BANKMAN-FRIED IN 2019. AND IT HAD MORE THAN A MILLION USERS. THE BANKRUPTCY CAME JUST DAYS AFTER A PUBLISHED REPORT RAISED QUESTIONS ABOUT WHETHER FTX HAD ADEQUATE CAPITAL. INVESTORS PULLED OUT IN WHAT AMOUNTED TO A BANK RUN ON FTX. NOW, FTXS DOWNFALL HAS RENEWED CONCERNS ABOUT THE SAFETY AND CREDIBILITY OF MANY CRYPTOCURRENCIES. THEIR VALUES HAVE PLUNGED AS WELL. ROBEN FARZAD FOLLOWS THIS AS THE HOST OF THE PODCAST, FULL DISCLOSURE AND JOINS NE MOW. ,WELCOME BACK AND THANK YOU FOR JOINING US. THIS IS COMPLICATED STUFF. YOU HAVE THIS CRYPTO EXCHANGE, FTX, AND IT GOES FROM BE
