The Daily Hodl
2022-11-15 23:05:03

FTX Meltdown Is Crypto Industry’s Version of Enron Implosion, According to Former US Treasury Secretary

Former US Treasury Secretary Larry Summers thinks the recent meltdown of crypto derivatives exchange FTX is a lot like the Enron scandal. In a new interview with Bloomberg, the famous American economist says that FTX’s implosion is probably less about the complexities of crypto regulations and more about “some very basic financial principles that go back The post FTX Meltdown Is Crypto Industry’s Version of Enron Implosion, According to Former US Treasury Secretary appeared first on The Daily Hodl .

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