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PARAGRAPHOPNX, the exchange for trading of bankruptcy claims set up by the founders excange failed cryptocurrency hedge fund Three Arrows Capital, is closing because the bankruptcy process of failed crypto exchange FTX has reached "recovery," co-founder Su Zhu said. Crypfo leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
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Bitcoin bull run will probably come in the next two years, crypto exchange CEO saysCryptocurrency exchange founded by Sam Bankman-Fried 'an irresponsible sham created by a convicted felon', lawyer says. DeFi founder Ishan Bhaidani said FTX was on shaky financial ground about a month before the crypto exchange's collapse. His advice to crypto. Federal prosecutors have said Bankman-Fried devised �a scheme and artifice to defraud� FTX's customers and investors right from FTX's inception.