Cryptocurrency exchange FTX
The recent collapse of the cryptocurrency exchange FTX, with once-wunderkind founder Sam Bankman-Fried now arrested, has once again shaken the world of crypto and made international news.
Media and social media again went into a familiar panic mode about cryptocurrencies – or even “told you so” schadenfreude. Prices of Bitcoin and other cryptocurrencies collapsed. Last year, in contrast, the crypto space was in hype mode, and cryptocurrencies outperformed most asset classes. Prices reached all-time highs.
