Billionaire Mark Cuban Blames the Crypto Crisis

Billionaire Mark Cuban Blames the Crypto Crisis

Mark Cuban is not happy and makes it known.

The successful entrepreneur seems, like most of the business community, to have been shocked by the implosion, in less than a week, of FTX, one of the big players in the crypto sphere.

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

But FTX’s financial situation was too dire for a potential savior to try to save it. Binance, the biggest crypto exchange and big rival to FTX, tried but eventually gave up.

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