On The Brink with Castle Island cover image

Travis Scher on the FTX impact on Crypto VC (EP.373)

On The Brink with Castle Island

NOTE

The Second Order Impacts on Cryptocurrency Markets

I think we have ongoing contagion risk. I think there's absolutely the potential for a broad regulatory backlash here. Our hope is that this actually spurs smart regulation. The reputational stain of this is likely to keep them away for a while. 2023 is likely to be a pretty dark period for the industry, but we're psychologically and strategically prepared for it.

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