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FTX on Sunday warned that endorsements from the likes of the world were part of being transferred to other exchanges.
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The Rise and Fall of FTX Cryptocurrency ExchangeWhat is FTX? FTX is one of the world's largest cryptocurrency exchanges. It enables customers to trade digital currencies for other digital. The swift demise of cryptocurrency exchange FTX in has had damaging domino effects on the cryptocurrency industry, stoking widespread mistrust among the public and toppling cryptocurrency services that did business with it. At the time, FTX was the third-largest crypto exchange. The world's second-largest crypto exchange, FTX, which grew aggressively through acquisitions in the last two years, went bankrupt in a few days.