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FTX Could Restart Its Crypto ExchangeLearn how the FTX scam unfolded as one of the largest cryptocurrency exchange platforms files bankruptcy. Find out why the founder faces criminal charges. FTX files plan to end bankruptcy, pay crypto creditors billions The company filed for bankruptcy last year after Sam Bankman-Fried agreed to turn over control. Leading cryptocurrency exchange FTX was once valued at $32 billion, but it collapsed in a matter of days in November Find out how it fell apart.