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What the FTX collapse means for the cryptocurrency market

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What the FTX collapse means for the cryptocurrency market

Image credit: Pixabay / CC0 Public Domain. Article by Angie Basiouny, Wharton School of the University of Pennsylvania. Tech Xplore – December 2, 2022.

When FTX founder Sam Bankman-Fried testified before a U.S. Senate committee in February—months before his cryptocurrency exchange collapsed under the weight of his own financial misdeeds—Wharton legal studies and business ethics professor Kevin Werbach was also there. Answering policymakers’ questions about the risks faced by consumers in the cryptocurrency market, […]