Crypto isnt a ponzi but some of the exchanges, which is what FTX was, may be insolvent from mismanaging client funds. Unfortunately the centralization of exchanges actually runs counter to the reason crypto was created in the first place: decentralization and self custody.
Crypto isnt a ponzi but some of the exchanges, which is what FTX was, may be insolvent from mismanaging client funds. Unfortunately the centralization of exchanges actually runs counter to the reason crypto was created in the first place: decentralization and self custody.