Bitcoin (BTC) $77,630.79 1.34%
Ethereum (ETH) $2,339.56 2.51%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 85.235057 1.90%
Dogecoin (DOGE) $0.11 9.91%
Cardano (ADA) $0.25 2.70%
Chainlink (LINK) $9.38 1.59%
Litecoin (LTC) $57.00 3.42%
Dash (DASH) $35.34 0.90%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.968129 -1.64%
X-Cash (XCASH) 7.0E-6 1.94%

Cryptocurrencies: 28835

Markets: 113742

Market Cap: $2,594,157,490,949

24h Vol: $120,704,462,039

CryptoGlobe

2022-11-20 17:58:55

Former US Treasury Secretary Says FTX Is More Like Enron Than Lehman Brothers

Former US Treasury Secretary Says FTX Is More Like Enron Than Lehman Brothers

Larry Summers, the “American economist who served as the 71st United States secretary of the treasury from 1999 to 2001,” says that the high-profile collapse of crypto exchange FTX is comparable to the Enron scandal of the early 2000’s. Speaking in an interview with Bloomberg, Summers argued that while many were comparing FTX’s bankruptcy to that of banking giant

esptco-banner img

Latest News

Powell delivers final Fed briefing after rates held steady

2026-04-29 18:52:29
Robinhood crypto revenue drops 47%, stocks fall 14%

2026-04-29 18:36:34
Bitcoin’de Likidite Muslukları Açıldı: Tether’deki ‘V’ Dönüş...

2026-04-29 18:30:00
Fed holds rates steady as tensions rise over Iran

2026-04-29 18:28:34
Dogecoin jumps 14 percent as open interest hits $1.74 billio...

2026-04-29 18:15:34
Instant PnL: End the Calculation Hassle

2026-04-29 18:06:40

Videos

Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!
A Beginner Guide to Web 3.0: Everything You Need to Know About Web 3.0!
Ripple XRP: What is Ripple XRP? EXPLAINED!
Spot Trading vs P2P Trading!

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire