FTX bankruptcy freezes millions worth of crypto company funds By Cointelegraph

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FTX bankruptcy freezes millions worth of crypto company funds

The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry, with multiple crypto-focused companies reporting significant amounts of their capital stuck on FTX.

Between Nov. 11 to 14, three crypto companies announced large losses, with one of them having to lay off workers to deal with the crisis.