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Making Money

Is crypto cleaning up its act? FT journalist Joshua Oliver

Apr 8, 2024
FT journalist Joshua Oliver discusses the collapse of FTX, the rise and fall of SBF, and the ripple effects of the crypto crash in 2022. They explore the risks and rewards of crypto investments, scams in the industry, challenges faced by fast-growing companies, regulatory imperfections, and the importance of research and diversification in crypto investing.
01:08:11

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Quick takeaways

  • The collapse of FTX under Sam Bankman-Fried's leadership raised industry-wide concerns about crypto integrity.
  • Venture capitalists in the crypto space need to prioritize due diligence to prevent fraudulent schemes.

Deep dives

Challenges in the Crypto Industry

The cryptocurrency industry faces significant challenges due to the prevalence of fraudulent behavior and lack of accountability. High-profile cases like the collapse of companies have raised concerns about the industry's integrity and stability.

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