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After the $32 billion company plunged into bankruptcy in less than a week. cnn s christine romans reports. reporter: the implosion of the cryptocurrency exchange ftx one of the most powerful figures in the industry, has left investors grappling with the aftershocks. how much of this is effectively an empty, you know, product? reporter: ftx s ceo sam bankman-fried is facing multiple investigations after reports that he mishandled billions of dollars in customer funds causing the 30-year-old to see his own $16 billion fortune erased overnight. now the stunning collapse reverberating across the trillion dollar industry. gwyneth paltrow, reese witherspoon, kim kardashian and matt damon among the celebrities who have endorsed the crypto craze. four simple words that have been whispchspered by the inn t ids since the time of the romance, fortune favors the brave. ....
50.4%. so still very close, but still a lot of votes to be counted. only 58% of the vote is in at the moment, so we are going to be waiting a while here. we re expecting an update today between 4:00 p.m. and 5:00 p.m. local time. then we will not hear from election officials tomorrow, and then another update is expected on monday around the same time, 4:00 p.m. to 5:00 p.m. local time. we re also waiting for the entire state of california. there are about ten races for the house of representatives that are still undecided, and at least nine of them are key races, so we are going to be waiting and looking at california to see what happens here in terms of the balance of power in the house of representatives. fred? all right. we ll all be wait with you. camila bernal, thanks so much. still to come, ftx one of the biggest and most reputable platforms for cryptocurrency filed for bankruptcy. its founder and ceo resigned, and they re investigating ....