Despite all the scrutiny, despite the whipsign up and down of Bitcoin, people still want to put their money in this. There are still true believers who are holding on to their Bitcoin for dear life. Find out what we can learn from NASA about managing high-risk projects. Is disruptive innovation really just a game of chance? Find out on the HBR idea cast.
The epic crash and burn of Sam Bankman-Fried’s FTX crypto empire in November was huge global news. Eight months later, the crypto world is still feeling the after-shocks—with embarrassed celebrity endorsers, a scrubbed stadium logo and billions of dollars drained from the accounts of ordinary people.
Bloomberg’s Hannah Miller and Allyson Versprille join this episode to talk about the next big challenge for crypto exchanges: Washington. Federal agencies are taking a hard look at new regulations to police cryptocurrencies and protect investors–and taking legal action against some of the industry’s biggest players.
Read more: Crypto Gets Its Moment of Clarity, But Not the One It Wanted
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This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Rebecca Chaisson, Michael Falero and Federica Romaniello, Associate Producers: Sam Gebauer and Zaynab Siddiqui. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.
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