The vertiginous fall of Sam Bankman-Fried, the disgraced founding father of the cryptocurrency change FTX who was not too long ago convicted of fraud and cash laundering in New York, has forged a harsh mild on a largely unregulated market. For all of the supposed wonders of the blockchain know-how underpinning cryptocurrencies, the headline-grabbing occasions of the previous few years point out an business in turmoil.
Along with the legal exercise that led to the spectacular collapse of FTX in 2022 and Bankman-Fried’s responsible verdict in early…