It is possible for there to be crypto firms that have good internal accounting controls, good governance, and be well capitalized.
Clearly this is possible because Coinbase exists, and in fact does the exact same thing FTX did except they don’t steal user funds. You may not like the fact that Coinbase exists, or that Bitcoin can currently be traded for 16,000$; those facts may confuse or frustrate you, but that does not make them untrue.
Clearly this is possible because Coinbase exists, and in fact does the exact same thing FTX did except they don’t steal user funds. You may not like the fact that Coinbase exists, or that Bitcoin can currently be traded for 16,000$; those facts may confuse or frustrate you, but that does not make them untrue.