Tag Archives: Fragile

The fall of FTX shows just how fragile the crypto economy truly is

  By James Surowiecki November 11, 2022     When you build an empire on funny money, it’s very easy for it to vanish overnight. That’s the simplest way to understand the implosion of former cryptocurrency giant FTX, which declared bankruptcy Friday. When November began, FTX controlled one of the world’s most valuable cryptocurrency exchanges, … Continue reading The fall of FTX shows just how fragile the crypto economy truly is