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Collapses, Bankruptcies, and Fraud: How 2022 Became the Year of Crypto Carnage - Ep.436

Unchained

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NFT Royalties and the FTX Collapse

This chapter explores the contentious issue of NFT creator royalties, highlighting their role in supporting the creator economy amidst market changes. It details the events surrounding the collapse of FTX, including the misuse of customer funds and the legal troubles faced by Sam Bankman-Fried. Additionally, the chapter reflects on the current state of the cryptocurrency market, advising a long-term perspective despite ongoing bearish trends.

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