Business Post's View

Editorial: Fall of FTX is time for crypto to get real or get out

The cryptocurrency exchange filed for bankruptcy a month ago, leaving investors, and everyone else, in the dark

Sam Bankman-Fried, the founder of FTX: remains secluded in the mansion in the Bahamas from where he and a few colleagues ran the exchange

A month after the cryptocurrency exchange FTX filed for bankruptcy, nobody seems to know what happens next. Regulators argue over whether the crypto industry, if it can be called that, should be brought to heel; evangelists continue to flog its dubious benefits; prosecutors may or may not be investigating; and investors count their losses, amounting to billions of dollars.

Sam Bankman-Fried, the founder of FTX and the central figure in its collapse, acts as if ...