'How the fall of FTX could be a turning point for cryptocurrency'

30 December 2022

A massive topic/issue concerning cryptocurrency that I was recently made aware of. Seems like a pretty important topic concerning the future of cryptocurrency:

A quick summary I thought of was basically about how the owner of a massive amount of crypto tokens that were associated with the support of value of other tokens was apparently involved with a major break of trust. He seemed to be using a major amount of tokens to support another business that in turn failed, which in turn caused a lot of the monetary value of his major supply of tokens that was associated with others to become very unreliable. Seems like a major trust issue regarding support in relation to a lot of interconnected people in regards to cryptocurrency.