6 gedachten over “The FTX Downfall | Casually Cardano”

  1. FTX: A house of cards we were assured was a castle.

    All of the crypto entities that have crashed this year (Luna, Celsius, and now FTX) are bad for the crypto industry short term. In the long term, I think it's good for Cardano as long as it stays true to its principles. So much of what has gone wrong in crypto this year arises from excessive leverage and unrealistically high yields – the same misdeeds that have caused crashes again and again in other financial sectors.

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