The developing story is that
Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy. FTX is one of the popular exchanges and i think gamblers might be using this exchange to transfer funds to gambling sites as that exchange had no tx fee. Do any of you uses FTX exchange to transfer funds to and from the gambling site?
Let's suppose you have funds on FTX, now that you are unable to withdraw, will you halt gambling for the time being and how will you survive this time?
I havent used up FTX ever since, this is why i dont really care on what are the issues and conditions that they are currently facing.For those who had been using and their funds locked up then there's nothing they
can do but to wait up whether there's some sort of compensation or retrieval or totally pop out in the wind with those funds they do have.This is one part of the risk when you do make an platform
to be your main wallet.Its never been recommendable and its never been suggestible. FTX bankruptcy has nothing to do with the gambling industry.
Prices of coins might be going down but doesnt mean that it would affect gambling industries operation or business.