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FTX CEO: Bitcoin price might have gone to zero if BitMEX hadn’t gone offline

The CEO of Hong Kong-based crypto derivatives exchange FTX has speculated that if BitMEX had not gone offline on account of “hardware issues” Friday morning, the price of Bitcoin could have crashed to zero.

FTX CEO: Bitcoin price might have gone to zero if BitMEX hadn’t gone offline

Cover art/illustration via CryptoSlate

The CEO of Hong Kong-based crypto derivatives exchange FTX has speculated that if BitMEX had not gone offline on account of “hardware issues” Friday morning, the price of Bitcoin could have crashed to zero.

Sam Bankman-Fried, a.k.a.

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