This past week was once again a reminder of how risky the cryptocurrency market can be and how in many ways, it is still "the wild wild west." The collapse of the world's second-largest crypto broker, FTX, and Sam Bankman-Fried's (FTX's CEO) $16 billion net worth wipeout is still an ongoing and developing story where new pieces of information are being released every day. What we do know for sure, though, is that this has been one of the largest capital losses of all time, and the effects of this crush are being felt all across the cryptocurrency market.
