After the fall, the recriminations. Following the collapse of FTX, the fingers of blame are being pointed, with analytics platform Glassnode pointing to on-chain data that indicated the crypto exchange was doomed as a result of Terra’s spectacular implosion earlier this year. Meanwhile, Minnesota Representative Tom Emmer took both former FTX CEO Bankman-Fried and SEC chair Gary Gensler to task over FTX’s downfall and the ensuing fallout, arguing that it was a “failure of centralized finance.”
Are you a web3 / crypto / blockchain startup? Applications to Wharton’s Cypher Accelerator are now open. Apply to the Fortis cohort by December 15th. Cypher leverages Wharton’s world-class resources to scale startups in the blockchain space.
