i'm christy watson. welcome to dw business. one of the world's biggest crypto currency che exchanges has filed for bankruptcy. f t x was worth $32000000000.00 just a few days ago. now the company claims it can't give customers their deposits back . f t x his boss sam, bank and fried. resigned on friday. he wasn't your usual crypto bro. he courted the confidence of big header investors like soft bank and paradigm who poured hundreds of millions into his company. seeing his reputation and tatters, s b f. as he's known said, i'm really sorry again that we ended up here. i was shocked to see things unraveled the way that with that they did well for more and that's what's bringing teddy austro on wall street. hi there, teddy. so tell us how severe is the situation for f t x? what's gonna happen next? well, christy, it does appear that the f t x empire has fall in finance, which was the world's largest crypto currency exchange was maybe going to save it this week, but now we are looking at the largest bankruptcy in the united states