[１１日 ロイター] – FTX, a cryptocurrency (virtual currency) exchange company, announced on the 11th that it had filed for Section 11 of the United States Bankruptcy Code (equivalent to the Japanese Civil Rehabilitation Act). Chief Executive Sam Bankman-Fried resigned.
FTX said in a Twitter statement that about 130 companies would be subject to bankruptcy law, including Bankman-Fried’s personal investment firm Alameda Research. Alameda Research owes about $ 10 billion to FTX, according to people familiar with the matter.
Some investors, including SoftBank and Sequoia, had already withdrawn from FTX.
FTX will follow an orderly transition under John J. Ray, who has been appointed to replace Bankman-Fried. In a series of Twitter posts, Bankman-Fried expressed his hopes for the new CEO, saying, “I apologize for this situation” and that filing for bankruptcy “does not necessarily mean the end of the company.”
“Filing for bankruptcy is a necessary step to assess the situation and develop plans that benefit our stakeholders,” Wray said in a note to FTX employees obtained by Reuters. “Filing for bankruptcy is the beginning of a journey forward,” Wray said. .
As for FTX, the largest cryptocurrency (virtual currency) exchange in the world, Binance withdrew its policy to acquire FTX Trading’s non-US business unit “FTX.com” on 9. FTX is scrambling to secure around 9 , $ 4 billion in funding from investors and peers due to liquidity pressures, people familiar with the matter said Monday.
After the FTX announcement, the crypto asset Bitcoin fell 5.7% to $ 16,524.
FTX’s token, FTT, plunged 34% to $ 2.43. It’s down 89% for the week.
FTX is under investigation by the US Securities and Exchange Commission (SEC), the Department of Justice and the Commodity Futures Trading Commission.
Bankman-Fried is 30 years old. Two months ago, according to Forbes estimates, she had a net worth of about $ 17 billion.
Bankman-Fried did not immediately respond to a request for comment from Reuters.
