Sam Bankman-Fried’s crypto empire filed for Chapter 11 bankruptcy in Delaware. Bankman-Fried resigned as chief executive officer as part of the filings, and John J. Ray III was appointed to replace him, the statement said. Sonali Basak report on “Bloomberg The Open.”
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more:
Connect with us on…
Twitter:
Facebook:
Instagram:
Like this video? Subscribe to Bloomberg Technology on YouTube:
Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here:
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on…
Twitter:
Facebook:
Instagram:
source