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I agree, it almost seems surreal but it goes to show just how "small" the crypto world is. There were most likely hundreds of smaller crypto companies that were involved or dependent of FTX group in one way of another so when FTX collapsed in on itself, it started slowly dragging those other organisations down along with it, just like Terra Labs did earlier this year.

I don't think this is the last we hear of the FTX story, and this collapse will definitely ripple through the industry in the coming months.

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CyberPunkMetalHead
CyberPunkMetalHead

Written by CyberPunkMetalHead

x3 Top Writer and co-founder of Algo Trading Platform AESIR. I write about crypto, trading, tech and coding.

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