A greed story: How FTX crash became the Lehman Brothers moment for crypto exchanges
![A greed story: How FTX crash became the Lehman Brothers moment for crypto exchanges A greed story: How FTX crash became the Lehman Brothers moment for crypto exchanges](https://img.etimg.com/thumb/height-450,width-600,imgsize-25736,msid-95503918/.jpg)
Synopsis
FTX, one of the biggest crypto exchanges, has blown up. The episode triggers the memory of the 2008 financial crisis. The common link: trapping investors with a narrative of high returns. Experts feel cryptocurrencies have lasted too long due to a robust story and backing from young tech founders. So, will the asset class dissipate or evolve now?
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