After Bankruptcies, Layoffs, Losses, Does Crypto Owe an Apology After $2 Trillion Slump?
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Bankruptcies, layoffs and eye-popping losses have become fixtures of the digital-asset sector.
Bankruptcies, layoffs and eye-popping losses have become fixtures of the digital-asset sector over the past few months, as it reels from a $2 trillion drop in its market value. So as the fallout continues to reverberate, does the industry owe anyone an apology? That's one of the questions we addressed on the first episode of Crypto IRL, a new Bloomberg Quicktake series. “I do think that certain executives of certain companies that lost millions, tens of millions, billions of dollars of consumers' funds, they definitely have explaining to do,” Meltem Demirors, chief strategy officer at CoinShares, said on the show. “And I do t...