Many reactions have emerged in the crypto space due to the FTX fiasco, the latest one is from the Ripple CTO, David Schwartz.
The collapse of the FTX crypto exchange dealt a terrible blow to the crypto industry. The exchange’s bankruptcy came with a decline in the value of the FTX Token (FTT). The entire saga has thrown the crypto market into another round of crisis.
Most crypto assets have been struggling. Token prices have been plummeting without any control for the past few weeks. This has caused a massive loss of funds worth billions of dollars in the crypto market.
Many reactions have emerged in the crypto space due to the FTX fiasco, the latest one is from the Ripple CTO, David Schwartz.
Ripple CTO: Lesson From Collapse Of FTX Exchange
The Ripple CTO took to Twitter to state some vital lessons he drew from the FTX crisis. According to Schwartz, the collapse of the exchange still has a crucial lesson: temptation is always…
