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Ripple CTO Comments on FTX Collapse, Says it Can Happen Again With Other Exchanges Unless This Happens

As the sudden collapse of major crypto exchange FTX continues to ravage through the markets across the world, David Schwartz, the chief technology officer of U.S. blockchain company Ripple, believes that only enforcing a...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ripple CTO Comments on FTX Collapse, Says it Can Happen Again With Other Exchanges Unless This Happens
As the sudden collapse of major crypto exchange FTX continues to ravage through the markets across the world, David Schwartz, the chief technology officer of U.S. blockchain company Ripple, believes that only enforcing a system of automatized checks and balances can prevent various crypto executives from repeating the mistakes of the exchange’s former CEO, Sam Bankman-Fried. ...
Read More: Ripple CTO Comments on FTX Collapse, Says it Can Happen Again With Other Exchanges Unless This Happens

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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