Re: FTX exchange is going to be bankrupted. What happens to FTX Token?

That makes sense and now, Sam is on the loose and I guess he's trying to escape with his jet as per the news[1] that I've seen. But also, it's said that he's still in Bahamas and we don't know when he's going to be out of the radar. It's possible that he'll just disappear, with the ruckus that he's made, very likely to happen.
[1] Flight Radar Report Shows FTX Co-Founder's Private Jet Flew to Argentina, SBF Says He's Still in the Bahamas

His company is over. The only money he could get on hand was users' funds. This evil man can really do the worst.

Yes, they're all done.
At thought he's a young good lad that's really helping everyone. But with the misuse of people's fund, this is where it is going and his evil acts towards people's money have been exposed and saw by CZ and everyone.
No pardon for this guy for using a lot of money that have gained his trust, but he didn't reciprocate to those.

There was also $400 million worth of FTT have been moved from the exchange. It was a clear sign that the insiders were trying their last effort to squeeze the last bit of valuable assets out of the exchange right before or after SBF declared bankruptcy.
CZ has foreseen this dodgy activity and stopped depositing FTT. Hopefully, the rest of the exchanges will follow suit. Don't let these criminals cash out all those FTT and run away with it.