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The collapse of FTX last November was one of the most dramatic downfalls in the history of the digital currency. As the dust settles on the former exchange's Chapter 11 proceedings, investors and others are wondering what will happen to the companies that were tied to it. Sam Bankman-Fried was the former CEO of FTX. He was with one of the co-founders at many conferences. FTX and Alameda bought SOL, a native token of Solana.
The former CEO of FTX is facing criminal charges. The exchange is having a hard time paying its debts. Where do you think that leaves Solana? Hannah Miller shared her reporting with stacy-Marie.
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Supervising producer: Vicki Vergolina, senior producer: Janet Babin, producers: Sharon Beriro and Muhammad Farouk, associate producers: Mo Andam and Ty butler, and associate producers: Desta Wondirad works as a sound designer and engineer.