Welcome to Crypto News Now.
In today’s news, the world’s largest crypto exchange, FTX, has been completely drained of all cryptocurrencies.
The exchange was completely drained of all its tokens in a matter of minutes, with no explanation given as to why.
The founder and CEO of the exchange, Sam Bankman-Fried, has reportedly fled to Argentina.
This comes in the wake of a massive wave of crypto thefts and hacks that have affected many exchanges and wallets across the world.
It is unclear what will happen to FTX, but it is certain that it has dealt a major blow to the crypto industry.
We’ll have to wait and see how this situation develops.
Thank you for watching Crypto News Now.
