2min chapter

Behind the Money cover image

What FTX’s collapse means for crypto

Behind the Money

CHAPTER

Are Crypto Firms Just Looking for the Next Kind of Bright Young Man?

I think this whole situation is very much a product of its age. It kind of just makes me wonder, are these VC firms just looking for the next kind of bright young man and they'll sign on to it? There's a lot of bamboozling that has happened that has drawn money and people into this market. If anything good comes out of what is turning out to be a pretty ugly situation, then I hope it will be that the crypto community explains better how it works.

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