The FTX logo on a smartphone arranged in Barcelona, Spain, on November 15, 2022. Photo: Bloomberg
exclusive | Chinese FTX investors scramble to recoup losses, but Beijing’s anti-cryptocurrency stance leaves little hope
- Crypto investors with thousands of dollars stuck in FTX are left with little chance for remedy in a country that has banned the digital assets
- China was the third-largest market for FTX, which continued accepting Chinese passports for verification after Beijing suggested serving citizens was illegal
The FTX logo on a smartphone arranged in Barcelona, Spain, on November 15, 2022. Photo: Bloomberg