Article 669SR FTX collapse sends shockwaves through other Australian businesses

FTX collapse sends shockwaves through other Australian businesses

by
Josh Taylor
from World news | The Guardian on (#669SR)

Withdrawals now suspended at the Brisbane-based cryptocurrency exchange Digital Surge for more than a week

The collapse of the cryptocurrency exchange FTX continues to reverberate in Australia with customer withdrawals suspended at the Brisbane-based exchange Digital Surge for more than a week.

Close to 30,000 customers in Australia are believed to have been caught up in the collapse of FTX this month, but the flow-on effects are now being felt by other businesses.

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