When a cryptocurrency change holding $16 billion price of buyer deposits immediately collapses, what does that portend for the way forward for the crypto trade? How did Sam Bankman-Fried, the 30-year-old founding father of the corporate and the quantity two donor to the Democratic occasion forward of the current midterms, win the belief and evade the cautious scrutiny of so many enterprise capitalists, institutional traders, celebrities, and U.S. regulators for therefore lengthy? Is heavy-handed regulation coming to the world of crypto?
Be a part of Motive‘s Nick Gillespie and Zach Weissmueller this Thursday at 1 p.m. Jap for a stay dialogue of those questions and extra with particular visitor Jesse Powell, the co-founder and CEO of Kraken, one of many world’s largest cryptocurrency exchanges. Ask questions or go away feedback forward of or in the course of the stream on the YouTube video above or at Motive‘s Fb web page right here.
Photograph credit score: Tom Williams/CQ Roll Name/Newscom