What future do cryptocurrencies have after the fall of FTX? | Crypto

From: Inside Story

The trade platform has filed for chapter, leaving 1000’s of purchasers in the dead of night.

One of many world’s largest crypto exchanges says it’s investigating lots of of tens of millions of {dollars} of unauthorised withdrawals.

Analysts say tens of millions of {dollars}’ price of property have been moved from the platform.

FTX filed for chapter on Friday.

It says it needs authorized safety because it seems for tactics to return cash to prospects.

Crypto costs have been sliding all yr, however the collapse of FTX stands out.

So, what does this collapse imply for traders – and the business?

Presenter: Hashem Ahelbarra

Visitors:

Robert Koepp – Chief government officer of Geoeconomix, a world financial and technique advisory agency

Zennon Kapron – Founder and director of Kapronasia, an impartial analysis and consulting agency centered on the Asian monetary providers business

Glen Goodman – Marketing consultant to the monetary funding platform eToro, and creator of The Crypto Dealer