EXCLUSIVE Behind FTX's fall, battling billionaires and a failed bid to save crypto
Source: Reuters
Nov 10 (Reuters) - On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message."I’m sorry,” he told them. “I fucked up.”The reason for the mea culpa: His announcement half an hour earlier that FTX’s arch-rival, Binance, planned to mount a shock takeover of its main trading platform to save it from a “liquidity crunch.” Binance founder Changpeng…
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