Crypto is never too big to fail - FTX Crisis
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Nov 9
“Too big to fail” is a typical quote in the traditional financial system but the same statement seems not to hold in the strange new frontier of crypto. The collapse of the leading industrial legendaries and deeply ingrained entities such as the Terra blockchain project and Three Arrow Capital already gives us a sign of warning. Not long after, We have embraced another crypto world’s “Lehman moments.” - The destructive crisis of SBF and his crypto exchange - FTT. On this “Black Tuesday,” Bitc...

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Crypto is never too big to fail - FTX Crisis

Crypto is never too big to fail - FTX Crisis

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