Time to Clean House in the Cryptosphere!!!

in LeoFinance10 months ago

The collapse of cryptocurrency exchange FTX was one of the sector's “biggest calamities,” according to analysts at Stifel GMP. In the aftermath, Bitcoin hit a 24-month low in November, and the price of Ethereum is down 65% year-to-date.

However, the problems are solvable, the analysts argued in a pair of notes published Thursday.

“It's important to recognize that the root of this mess mainly stems from the mismanagement of customer funds by bad actors and a lack of regulation/oversight,” Stifel said, seemingly referring to FTX founder Sam Bankman-Fried, among others.
Lets all help and do our part to have a healthy crypto environment!