Many crypto exchanges have failed prior to now, dropping consumer funds and inflicting many individuals to lose the cash they’d on the exchange. Crypto exchanges failing, sadly, isn’t an unusual occasion in crypto, however the scale of fraud and mismanagement with FTX is unprecedented. These latest occasions have induced many in conventional finance to lose religion in the way forward for crypto, put great downward strain on crypto costs and lead many to name for additional regulation within the crypto markets.

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