Cryptocurrency past is prologue: before and after FTX
By John Bandler
Published January 17, 2023, Reuters Legal News
FTX is not the first nor last but a recent and enormous implosion in the cryptocurrency industry. Previously we have seen examples parade by of external theft, internal theft, anti-money laundering failures, cybercrime enablement, loss of cryptographic keys and skewed investor playing fields. More will come, and we should reevaluate whether crypto investment is a helpful development or a zero-sum game where hucksters, charlatans and the lucky can make money at the expense of others.
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