Investment Firm Paradigm Still Optimistic About Crypto — Says 'Issues at FTX Are Precisely Ones Defi Can Solve' – Featured Bitcoin News

Investment Firm Paradigm Still Optimistic About Crypto — Says 'Issues at FTX Are Precisely Ones Defi Can Solve'

“We are shocked by the revelations about FTX, Alameda, and SBF,” he began. FTX and trading firm Alameda Research filed for Chapter 11last week. Both companies were founded by Sam Bankman-Fried , who has stepped down as the CEO of FTX. We feel deep regret for having invested in a founder and company who ultimately did not align with crypto’s values and who have done enormous damage to the ecosystem.

“We never traded on FTX and did not have any assets on the exchange. We have never been investors in related tokens such as FTT, SRM, MAPS, or OXY,” he clarified.

So what do you think the future trend of cryptocurrencies will be like?

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