FTX is over. Is crypto, too?
https://www.vox.com/the-goods/2022/11/23/23473340/crypto-ftx-sam-bankman-fried-contagion-bankruptcy-coinbase
Crypto is the cat with nine lives, but some wonder if FTX might be the last one.
It would be easy to write crypto’s obituary right now. The technological ecosystem has never quite managed to justify the logic of its existence or reach the mass adoption its boosters have promised for years. The latest crypto winter is turning into the crypto ice age, with company after company appearing to be in trouble and, at the very least, facing questions about their stability.