last friday cryptocurrency stock market FTX CEO Sam Bankman Fried announced that it has filed for bankruptcy for FTX and Alameda Research.
SBF has filed for Chapter 11 bankruptcy in the US for 130 subsidiaries, including FTX and sister trading company Alameda Research.
After this statement, statements from companies related to FTX continue to come.
Finally, it came from Visa, the world’s largest payment provider.
Visa In a statement, it said it has terminated its global credit card deals with the bankrupt crypto exchange FTX.
Describing the bankruptcy of FTX as an unfortunate event, Visa included the following statements in its statement:
“The situation with FTX is unfortunate and we are monitoring developments closely.
We have terminated our global agreements with FTX and US debit card programs are being liquidated by their issuers.”
As it will be remembered, Visa announced last October that it was collaborating with FTX to launch Visa debit cards in 40 new countries.
It was stated that the focus of the new partnership is Latin America, Asia and Europe.
It was stated that these cards, which are already available in the USA with the Visa-FTX partnership, will be directly linked to the FTX crypto money investment account of users in the specified countries.
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