Billionaire Mark Cuban blames crypto crisis

Mark Cuban is not happy and makes it known.

The successful entrepreneur, like most business circles, appears to have been shocked by the internal collapse, in less than a week, of FTX, one of the biggest players in the cryptocurrency space.

The cryptocurrency exchange filed for Chapter 11 bankruptcy on November 11, after three turbulent days that saw a $32 billion company in February urgently call on its competitors for help.

But FTX’s financial situation was so dire that a potential savior didn’t even try to save it. Binance, the largest crypto exchange and a major competitor to FTX, tried, but eventually gave up.

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