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The largest exodus from the digital currency market

VillageOver the past 30 days, cryptocurrency exchanges have witnessed the largest exodus in history, with more than $3 billion in cryptocurrency outflows.

According to the data, nearly 200,000 bitcoins have been withdrawn from digital currency exchanges in the past 30 days, worth $3.4 billion.

This comes after cryptocurrency exchange FTX announced in the middle of last month that it was entering bankruptcy proceedings in the United States, and its CEO, Sam Bankman Fried, decided to step down, after a liquidity crisis hit the cryptocurrency platform.

Yesterday, media reported that Sam Bankman-Fried had been arrested after US prosecutors filed criminal charges against him.

According to preliminary data, the bankruptcy of cryptocurrency exchange FTX has prevented at least one million depositors from accessing their funds.

Source: (Russia Today)

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