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Vitalik Buterin says FTX saga offers lessons for crypto

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The collapse of FTX contains lessons for all of crypto, according to ethereum co-founder Vitalik Buterin.

FTX contains lessons for all of crypto, according to ethereum co-founder Vitalik Buterin.

In the days since FTX filed for bankruptcy, entities ranging from BlockFi to Genesis to Gemini have been hit by the fallout.

 

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Business Maverick: Crypto markets sag as funds drained from FTX switch out of EtherCryptocurrency prices struggled on Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried’s once powerful FTX empire. Hopefully the adverts that see encouraging small and large investors will disappear. People have lost life savings to this well presented scam.
Source: dailymaverick - 🏆 3. / 84 Read more »