Many crypto exchanges have failed prior to now, shedding consumer funds and inflicting many individuals to lose the cash that they had on the change. Crypto exchanges failing, sadly, is just not an unusual occasion in crypto, however the scale of fraud and mismanagement with FTX is unprecedented. These latest occasions have precipitated many in conventional finance to lose religion in the way forward for crypto, put great downward stress on crypto costs and lead many to name for additional regulation within the crypto markets.
