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Opinion: FTX fall stresses centralization vs decentralization debate

Opinion: FTX fall stresses centralization vs decentralization debate

While decentralization is one of crypto’s main tenets, it’s likely that more centralization could have stopped the fall of crypto giant FTX.

Cryptocurrency news by Protos · Protos

November 29, 20226m 3s

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Show Notes

The implosion of FTX, Sam Bankman-Fried’s Bahama’s-based exchange is, by volume, one of the largest financial frauds in history. But despite it impacting more than one million people and with up to $10 billion of client money lost, so far, little has been said about the irony of this historic event.

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