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1 year ago

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Breakingviews - Sam Bankman-Fried did financial system a favour

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Breakingviews - Sam Bankman-Fried did financial system a favour

Sam Bankman-Fried has tipped the cryptocurrency industry into crisis. But the spectacular implosion of FTX, the exchange he founded, has done the broader financial system a big favour. The curly-haired kingpin was at the forefront of pushing regulators and politicians to legitimise digital assets like bitcoin. His downfall will slow that process – and may even send it into reverse.

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Breakingviews - Sam Bankman-Fried did financial system a favour

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Breakingviews - Sam Bankman-Fried did financial system a favour

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