Boonchai Wedmakawand | Moment | Getty Images The collapse of FTX, one of the world’s largest crypto exchanges, has rippled through the world of digital currencies. Once valued at $32 billion, FTX filed for bankruptcy protection and founder Sam Bankman-Fried resigned as its CEO after reports alleged that the company had loaned billions of dollars in customer funds to his own trading firm, Alameda Research. This has fueled a flurry of withdrawal requests across platforms as investors braced for possible contagion. With more than $2 trillion in cryptocurrency value wiped out since the 2021 high-water mark, cryptocurrencies are suffering from…
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