Many crypto exchanges have failed in the past, losing client funds and causing many people to lose the money they had on the exchange. Crypto exchanges failing, unfortunately, is not an uncommon event in crypto, but the scale of fraud and mismanagement with FTX is unprecedented. These recent events have caused many in traditional finance to lose faith in the future of crypto, put tremendous downward pressure on crypto prices and lead many to call for further regulation in the crypto markets.
Related posts
-
Crypto Expert Predicts A Narrative Shift Post-Bitcoin Halving
Crypto expert Michaël van de Poppe has provided insights into what to expect when the Bitcoin... -
India’s ED probe Bollywood star in $800m crypto ponzi scheme
India’s ED is investigating Raj Kundra in a $800m cryptocurrency Ponzi scheme, seizing assets and linking... -
Data Ownership Protocol (DOP) Partners With Bitcoin.com to Pioneer Data Sovereignty in Crypto
Integration Promises Enhanced Privacy for Bitcoin.com Wallet Users Bitcoin.com, a leading platform for cryptocurrency users, announces...