Crypto Price Check: FTX Still Sending Shockwaves Through Sector

And the dominoes keep falling…

The stunning collapse of Bahamas-based cryptocurrency exchange FTX continues to be felt throughout crypto-verse.

During the New York Times DealBook summit, Treasury Secretary Janet Yellen, who called for tighter government oversight of cryptocurrencies, compared FTX’s situation to the collapse of Lehman Brothers in 2008, the largest bankruptcy filing in US history.

Yellen said cryptocurrency “is an industry that really needs proper regulation, and it doesn’t.”

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