If you look a the list of acquisitions FTX had (excluding investments) you will find more exchanges and crypto related companies are involved it this.
Oh yeah, many more will go down as I read somewhere that all those altcoin projects Alameda invested in were basically forced to store their money on FTX.
Next on the line is probably going to be little known exchange called Bitvo, Blockfolio is already not working properly, Voyager is already busted, and BlockFi is preparing for collapse according to latest news.
As a matter of fact another lending platform announced today that they are suspending withdrawals and deposits and that's just a beginning.
Crypto lending platform Salt paused withdrawals and deposits, according to a company email sent to customers.
The firm said in a message attributed to CEO Shawn Owen that "the collapse of FTX has impacted our business." However, the full extent of the exposure was not disclosed in the message.
"Until we are able to determine the extent of this impact with specific details that we feel confident are factually accurate, we have paused deposits and withdrawals on the SALT platform effective immediately,"
Lol. I've never heard of an IUO before--in fact, I'm beginning to realize there's a lot of really big stuff in the wide, wide world of crypto that I've been blissfully ignorant of, including FTX, Liquid, and any other entity associated with FTX.
That's one of the (many) advantages of being a bitcoiner as you don't have to follow closely everything that's going on on the market.