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Just-In: FTX CEO Sees These Crypto Firms Becoming Insolvent

Just-In: FTX CEO Sees These Crypto Firms Becoming Insolvent


CoinGape
2022-06-29 06:11:01

FTX CEO Sam Bankman-Fried warned in a recent interview that several small crypto exchanges are already “secretly insolvent,” and that many more are set to fail. Speaking to Forbes, Bankman-Fried warned that reckless investing during the crypto rally over the past two years could result in a string of failures after prices crashed. This was The post Just-In: FTX CEO Sees These Crypto Firms Becoming Insolvent appeared first on CoinGape.


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