Twitter isn’t the first high-profile internet business to use the term “bankruptcy” this week. Following a breathtakingly swift fall, crypto exchange FTX has filed for Chapter 11 bankruptcy, with founder Sam Bankman-Fried resigning as CEO.

Twitter isn’t the first high-profile internet business to use the term “bankruptcy” this week. Following a breathtakingly swift fall, crypto exchange FTX has filed for Chapter 11 bankruptcy, with founder Sam Bankman-Fried resigning as CEO.