Tales from the crypto prompt calls for FX-style market structures – Risk.net

For crypto skeptics, the demise of FTX was akin to a Greek tragedy, in which the arrogance of its founder, Sam Bankman-Fried, was inevitably followed by his nemesis, as an empire once worth $40,000 millions became essentially worthless.

However, for crypto investors, the bankruptcy of the exchange and the subsequent fraud charges against its founder are more like a horror story, and it is giving them ongoing nightmares as they consider how to avoid becoming embroiled in something similar.

That

Only users who have a paid subscription or are part of a corporate subscription can print or copy content.

To access these options, along with all other subscription benefits, contact info@risk.net or see our subscription options here: http://subscriptions.risk.net/subscribe

You cannot currently copy this content. please contact info@risk.net To discover more.

Leave a Comment

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *