December 23rd, 2022 at 4:24 AM
As a lot of folks probably already know, SBF (Sam Bankman-Fried) was recently extradited to the US to face fraud charges following the FTX Fiasco. Many customers have lost a substantial amount of money from the exchange's collapse, and it's unclear when (or if) these funds will be returned.
It's fairly clear that SBF is guilty, and will likely be found guilty by the courts when his case goes to trial. What's less clear is what this means for the rest of the crypto industry. FTX is not the first exchange to collapse in this fashion, and it will almost certainly not be the last.
What are your thoughts on FTX, and on the rest of the crypto industry as a whole?
It's fairly clear that SBF is guilty, and will likely be found guilty by the courts when his case goes to trial. What's less clear is what this means for the rest of the crypto industry. FTX is not the first exchange to collapse in this fashion, and it will almost certainly not be the last.
What are your thoughts on FTX, and on the rest of the crypto industry as a whole?
