FTX CEO Sam Bankman-Fried warned in a recent interview that several small crypto exchanges are already “secretly insolvent,” and that many more are set to fail. Speaking to Forbes, Bankman-Fried warned that reckless investing during the crypto rally over the past two years could result in a string of failures after prices crashed. This was

The post Just-In: FTX CEO Sees These Crypto Firms Becoming Insolvent appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Senator Moreno Moves to Ban Senators From Prediction Markets Amid Insider Trading Fears

Senator Bernie Moreno, a member of the Senate Banking Committee, is set to introduce a resolution that bans senators from betting on predict...