FTX Collapse Puts The Whole Crypto Industry On Trial
SBF is expected to take the stand on Thursday, likely to share his team’s narrative that FTX fell apart due to incompetence rather than criminality. FTX’s collapse certainly shook faith in crypto as an industry.
Natalie Brunell is a crypto aficionado and host of The Coin Stories podcast. She joins the episode to explain how cryptocurrency and their exchanges are supposed to function versus how Sam Bankman-Fried actually ran FTX.
She explains the key differences between crypto and Bitcoin and why Bitcoin could prove to be an inflation-proof investment opportunity. Natalie lays out how regulators are cracking down on unlicensed securities and the impact bad actors have had on the industry.
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