Reminder Crypto News Today

He was initially unable to leave or board a flight after losing his papers and later stayed by choice. street artist banksy unveiling latest work on social media, a mural in the liberated ukrainian town. it depicts a female gymnast balancing on a pile of rubble on the side of the building damaged by russian strikes. new investigations into bankrupt crypto exchange ftx. a $32 billion company that collapsed in a matter of days. and republicans pointed fingers at donald trump for a disappoint...

>> reporter: and now, according to "the wall street journal," both the justice department and the securities and exchange commission, are investigating ftx and the man who ftx appointed as its new ceo is john ray iii, who helped manage the notorious energy firm enron after its collapse in accounting fraud scandal in 2001. brian todd, cnn, washington. reminder crypto is unregulated part of the market and you will see regulators stepping in here no question. this week, elon musk and tesla will...

This comes after the company filed for bankruptcy, lost its ceo, cnns brian todd has details. >> reporter: it wasnt long ago that sam bankman freed was called the mark zuckerberg of crypto, a modern day jp morgan, but in the span of a week, the 30-year-old wonder kin founder and ceo of ftx, the megapowerful crypto currency exchange has resigned, has lost his fortune, his firms in bankruptcy, and by thursday, in a twitter thread to investors and customers, he was saying, quote, im sorry. i fed up...

Once over $15 billion net worth, cratered to under 1 billion in a single day according to the bloomberg billionaire index. the nbas miami heat had its venue renamed as ftx arena just last year, but now that name is coming off the building. the immediate yoric collapse of ftx triggered when serious questions were raised about the health of its finances. those questions run on the bank-like cry smichs. >> clients rushed to withdraw several billion dollars worth of crypto currency from the exchange...

Miller will serve as the acting commissioner. president biden meeting right now with the president of china. what does xi jinping want from the u.s.? plus, a deadly collision between two vintage planes at an air show. what went wrong? new investigations into the stunning implosion of the crypto exchange ftx. are all around us.. not that one... thats thehe one. at university of phoenix,, you could earn your masters degree inin less than a year for under $11k. learn morere at phoenix.edu

Certainly real crash potential. >> reporter: ftxs fall has more than a hint of irony. larry david did an ad for ftx during this years super bowl, portraying a buffoon who missed the boat on big inventions. >> i call it the wheel. >> i dont think so. >> what does it do? >> it rolls. >> not as a bagel. >> at the end of the spot, david is presented with an offer. >> ftx, safe and easy way to get into crypto. >> i dont think so. >> im never wrong about this stuff, never. >> reporter: now analysts ar...