Collapse of crypto exchange FTX heaps pressure on bitcoin and other cryptocurrencies

Authorities in the Bahamas are investigating allegations of criminal misconduct by former cyptocurrency giant F-T-X following its sudden collapse. The development follows the exchange's announcement that it was investigating possible stolen crypto assets, which analysts say could be worth around $500 million. The collapse has sent shockwaves through the industry, prompting fresh calls to regulate the sector.

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