What FTX’s collapse means for crypto
Financial Times,
2022
Recommendation
Is crypto done, once and for all? Cryptocurrencies have collapsed before, but not on the scale of FTX or with so grandiose an individual at the head of the table as Sam Bankman-Fried. The fact that he could be at ease in the regulatory as well as investor space – and that he had a traditional finance background – seduced investors, note journalists Michela Tindera, Josh Oliver and Katie Martin in this informative episode of the Behind the Money podcast. Opaque financial statements and a lack of disclosure cratered FTX into bankruptcy, bringing digital assets to a crossroads.
Summary
About the Podcast
Behind the Money is a podcast of The Financial Times, where Michela Tindera, Joshua Oliver and Katie Martin are journalists.
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