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Home2022November (Page 88)

Insolvent cryptocurrency exchange FTX could have as many as one million investors who are seeking to recoup their losses. The Bahamian-based brokerage filed for bankruptcy after facing massive liquidity issues when its acquirer, Binance, backed out of a merger. The bankruptcy attorneys for FTX, Landis Rath & Cobb

S&P 500 3,997.91 +40.66(+1.03%)   Dow 30 33,629.46 +92.76(+0.28%)   Nasdaq 11,385.29 +189.06(+1.69%)   Russell 2000 1,892.05 +30.80(+1.65%)   Crude Oil 86.69 +0.82(+0.95%)   Gold 1,781.00 +4.10(+0.23%)   Silver 21.64 -0.48(-2.16%)   EUR/USD 1.0365 +0.0035(+0.34%)   10-Yr Bond 3.7990 -0.0660(-1.71%)   GBP/USD 1.1872 +0.0118(+1.00%)   USD/JPY 139.1760 -0.8240(-0.59%)   BTC-USD 16,812.73 +512.71(+3.15%)   CMC Crypto 200 394.98 +0.28(+0.07%)   FTSE 100 7,369.44 -15.73(-0.21%)   Nikkei 225 27,990.17 +26.70(+0.10%)   Bryan van der Beek—Bloomberg via Getty Images The collapse of FTX is likely to impact hundreds of thousands of investors, many of whom are Gen Zers. And Ken Griffin, founder and CEO of the Citadel hedge