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4min chapter
FTX 'Horror Stories' in the Bahamas
What Goes Up
Is There Just So Much Interconnectedness Within the Crypto Space?
Aaron Carroll: There's just so much interconnectedness within the space. A lot of what I think caused the honest failures is really just people bringing things like unsecured lending into the crypto space well before this market's ready for something like that, he says. The genesis situation, to me, is still quite complicated in terms of what really happened there. And it may also have been have been the subject of other frauds as well. It could have been fraud could have played a role into that.
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