Could FTX Bankruptcy Kill Cryptocurrencies?

Theme of the day. The masterful collapse of FTX, an exchange platform hitherto considered one of the safest in the world, shakes the cryptocurrency and sets off a scandal whose contours are still unknown. FTX CEO Sam Bankman-Fried lost $16 billion, his entire fortune, in one day.

Numerous investigations are currently underway to understand the circumstances of this sudden bankruptcy. This economic drama renews an almost classic pattern and once again calls into question the credibility of virtual digital assets in the long term.

Why are we talking about this? What is a cryptocurrency? Is it reliable when one of the main characters has just passed out? What is the future of cryptocurrency?

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>> Focus is a daily news podcast. From Monday to Thursday, Marion Calais and the RTL editors discuss the important current event with RTL journalists, correspondents and experts. And on Friday it’s Focus Culture with Anthony Martin and the Let Yourself Be Tempted team. And every Sunday at Focus Dimanche Mohamed Bouhafsi takes the time to take a closer look at the current topics of the week and give the floor to those who do.

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