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Cryptocurrencies: 28575
Markets: 116788
Market Cap: $2,330,937,494,168     
24h Vol: $97,915,944,620
Bitcoin.com 2022-11-16 03:30:16

Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure

Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure
A Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse of crypto exchange FTX, noting that the contagion “can last for a significant amount of time.” He added that the crypto industry seems to have “no significant lender of last resort.” Citi’s Analyst Warns of
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