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ID: 53416558 Video

Headline: FTX to Liquidate Assets to Repay Billions to Customers

Caption:

'The Guardian' reports that FTX has abandoned efforts to restart the crypto exchange and has opted to liquidate its assets and return funds to customers. On January 31, an attorney representing FTX said the plan to restart the exchange fell apart following months of negotiations with potential investors.

Keywords: FTX,Liquidate,Repay,Customers,Restart,Crypto exchange,Negotiations,Potential,Investors,Attorney,Funds,founder,Sam Bankman-Fried,Company

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