After FTX Fall, These Crypto Entities Are Grabbing the Spotlight

Investors are pulling funds from other crypto exchanges
Token prices have sank as investors eye FTX’s contagion

The Binance Markets Ltd. cryptocurrency exchange trading app arranged on a smartphone in London, U.K., on Monday, June 28, 2021. Binance Markets Ltd., an affiliate of top global crypto bourse Binance, was told by the Financial Conduct Authority it has until the evening of June 30 to confirm it has removed all advertising and financial promotions, according to the authority’s register.Photographer: Jason Alden/Bloomberg

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By Carly Wanna and Yueqi Yang

December 13, 2022 at 6:13 PM UTC

This article is for subscribers only.

Sam Bankman-Fried’s arrest in the Bahamas pending a possible extradition to the US opens a fresh chapter in efforts to untangle whether his crypto empire was built using fraudulent methods.

Regardless of the outcome, the demise of his digital-asset exchange FTX continues to shake the wider crypto market’s foundations.