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News Forum - Fraudulant websites offer refunds on FTX collapse


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With the collapse of cryptocurrency exchange FTX, crypto investors that lost it all are being warned to beware of misinformation and fake websites promising to help recoup their losses. Singapore police issued a warning over the weekend about a website that says it can help FTX investors to recover their lost crypto when the company declared bankruptcy. On November 11, FTX collapsed and filed for bankruptcy while founder Sam Bankman-Fried resigned from his position as CEO. The collapse meant that billions of dollars of crypto investments essentially evaporated and about one million customers lost everything. The Singaporean Police issued the […]

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