Latest News A $32 Billion Crypto Empire Has Crashed. The Fallout Is Spreading Far Beyond Crypto. By November 11, 202210 views ShareTweet 0 FTX’s $32 Billion Empire Has Crumbled, Spreading Damage Far Beyond Crypto. | Barron’s How long does it take to wipe out a $32 billion company, shatter confidence in an entire industry, and leave a trail of destruction from Wall Street to Silicon Valley? In crypto, about a week.