The Lehman Moment for this Generation - FTX & Regulation

This is unique for tens of millions of new investors who just had the rug pulled from underneath them – experiencing their own Enron or Lehman Moment.

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This time, Bitcoin’s price drop had nothing to do with macroeconomic forces like geopolitical issues or rising inflation. Instead, what happened was strikingly similar to an event earlier this summer that shaved $10k off Bitcoin prices…

Crypto exchange FTX, founded in 2019 by MIT graduate Sam Bankman-Fried, was formerly the third-largest crypto exchange by volume in the world.

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