MSNBC Katy Tur Reports June 4, 2024 19:02:00
Highly liquid assets in the course of their business and then as the company started to face a liquidity crisis as people started to realize there could be problems here as a rival firm said hey, we're going to liquidate our holdings in an ftx minted crypto currency employ, there became a run on the bank. customers wanting their money bank, thinking maybe tlfls a problem. once it started, it starved ftx of the necessary cash it needed to continue and that's where we are today with a bankruptcy filing and now with bankman-fried in handcuffs in the bahamas to be transferring here to the courthou...