Just this once I don’t think it’s fair to pin it on companies. The whole economy suffered a massive hit because of Covid only to have it followed by the whole mess with Russia and Ukraine. Shit’s been tough.
tldr; The day Sam Bankman-Fried’s portrait graced the cover of Forbes in October 2021, cryptocurrency was a $2.2 trillion market — a valuation that would swell past $3 trillion a month later. Then 29 and one of the youngest self-made billionaires to land on the ranking, he touted plans to give away his $22.5 billion fortune for the good of humanity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
And we’re better off without them.
> FTX, Terraform Labs, Celsius Network, Voyager Digital and Three Arrows Capital, BlockFi
These are the companies
– Terraform Labs
– Celsius Network
– Voyager Digital and Three Arrows Capital
– BlockFi
– FTX
Saving clicks is my passion.
TL;DR: The stars of this winter are in chronological order:
– Terraform Labs
– Celsius
– 3AC
– Voyager
– BlockFi
– FTX
The men that helped create 2022 crypto winter :
1. Do Kwon
2. SBF
SBF and Do Kwon will forever be remember for the chaos they created.
Su Zhu next after SBF and Do Kwon.
Better now than later I think.
Good to see the trash being cleared out, not so good to see the price
but only one moon that helps you survive the winter
The bear market is also a way to purify things, this is a good thing (except for people who lost money on those companies)
Just this once I don’t think it’s fair to pin it on companies. The whole economy suffered a massive hit because of Covid only to have it followed by the whole mess with Russia and Ukraine. Shit’s been tough.
Good to see them gone but I’m afraid they won’t have been the last..
Please add Putin as well
Where they even found that picture
tldr; The day Sam Bankman-Fried’s portrait graced the cover of Forbes in October 2021, cryptocurrency was a $2.2 trillion market — a valuation that would swell past $3 trillion a month later. Then 29 and one of the youngest self-made billionaires to land on the ranking, he touted plans to give away his $22.5 billion fortune for the good of humanity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
And who created all the bull runs ?
The USA and their printing machine
Thanks!