Greedy Individuals and Companies are Destroying Crypto

The collapse of FTX

A red graph of the price of the FTT token going down 90% with the FTX logo next to it.

The collapse of the second-largest cryptocurrency exchange FTX and all of its affiliated companies this week has caused massive damage to the whole crypto landscape. Not only will millions of users lose billions of dollars, but the trust in the system may have been irreparably damaged. And once again, it was entirely avoidable and only…

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M. Sc. Computer Science and Physics, Indie Game/Software/Web Developer, Writer, 3D Artist, and too many other interests. https://pingpoli.medium.com/membership

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Christian Behler

M. Sc. Computer Science and Physics, Indie Game/Software/Web Developer, Writer, 3D Artist, and too many other interests. https://pingpoli.medium.com/membership