Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion - Ep. 423
Unchained
00:00
The Shift to Self-Custody in Crypto
This chapter discusses the growing trend of self-custody in the cryptocurrency space, particularly in response to fraud and hacking incidents affecting exchanges. The speakers emphasize the philosophy of 'not your keys, not your coins' and weigh the risks of leaving assets on exchanges against the benefits of taking personal responsibility. They also reflect on the implications of the FTX collapse and the broader regulatory environment, highlighting the need for better industry practices to protect consumers.
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