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The Washington Informer

The Washington Informer

Black News, Commentary and Culture | The Washington Informer

Tag: FTX

Some have compared the fall of crypto to Bernie Madoff’s Ponzi scheme. (Jorge Franganillo via Wikimedia Commons)
Posted inBusiness

The Fall of FTX and Renewed Mistrust Signal Disaster for Cryptocurrencies

by Stacy M. Brown November 22, 2022November 23, 2022

The fall of cryptocurrencies, the recent wave of the investment craze that includes NFTs and trading cards, has not only ruined bank accounts for some but has the federal government investigating its dramatic downfall.

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