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Radio France Internationale
Radio France Internationale
National
Sarah Elzas

What next for French victims of the FTX cryptocurrency exchange collapse?

The FTX cryptocurrency trading platform collapsed in November 2022, taking with it at least a billion dollars of customer funds. An estimated 50,000 to 60,000 French people are believed to be victims of the collapse and bankruptcy. © Stefani Reynolds/AFP

The collapse of the FTX cryptocurrency exchange has had repercussions around the globe, with more than a million clients losing money overnight. In France, some 50,000 to 60,000 people were affected. As they look for legal solutions to get their money back, will the victims continue to invest in cryptocurrency?

Like hundreds of thousands of FTX customers around the world, Hassan, who lives in France, experienced a shock in early November.

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