Crypto giant FTX has collapsed into bankruptcy and has taken it's "King of Crypto" boss down with it.
The cryptocurrency exchange is seeking court protection in the US as it looks for a way to return money to users.
In the bankruptcy filing FTX has estimated that it had between $10b billion and $50b billion dollars in assets and liabilities and more than 100,000 creditors.
It has been a massive turn of fortunes for 30-year-old Sam Bankman-Fried who has stepped down as chief executive.
CNN Digital Correspondent Paul La Monica spoke to Corin Dann.
