{"id":83432,"date":"2022-12-19T00:09:50","date_gmt":"2022-12-19T05:09:50","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83432"},"modified":"2022-12-18T23:36:51","modified_gmt":"2022-12-19T04:36:51","slug":"the-ftx-disaster-has-set-back-crypto-by-years-here-are-3-ways-it-could-reshape-the-industry","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2022\/the-ftx-disaster-has-set-back-crypto-by-years-here-are-3-ways-it-could-reshape-the-industry.html","title":{"rendered":"The FTX disaster has set back crypto by \u2018years\u2019 \u2014 here are 3 ways it could reshape the industry"},"content":{"rendered":"\n<p>(CNBC) The <a href=\"https:\/\/www.cnbc.com\/2022\/11\/22\/collapsed-crypto-exchange-ftx-has-about-1point24-billion-of-cash-in-total-but-still-owes-at-least-3point1-billion-.html\">collapse of FTX<\/a>, once a $32 billion crypto exchange, has shattered investor confidence in cryptocurrencies. Market players are trying to gauge the extent of damage it has caused \u2014 and how it will reshape the industry in the years to come. Sam Bankman-Fried, FTX\u2019s former boss who stepped down on Nov. 11, was <a href=\"https:\/\/www.cnbc.com\/2022\/12\/12\/ftx-founder-sam-bankman-fried-arrested-in-the-bahamas-after-us-files-criminal-charges.html\">arrested in the Bahamas last week<\/a>. He has been charged by the U.S. government with wire fraud, securities fraud and money laundering.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/12\/19\/three-ways-the-ftx-disaster-will-reshape-crypto.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The collapse of FTX, once a $32 billion crypto exchange, has shattered investor confidence in cryptocurrencies. Market players are trying to gauge the extent of damage it has caused \u2014 and how it will reshape the industry in the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83432","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83432"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83432\/revisions"}],"predecessor-version":[{"id":83433,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83432\/revisions\/83433"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}