Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure

Citi Analyst Warns of 'Serious' Broader Contagion Risk to Crypto Ecosystem From FTX FailureA Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse of crypto exchange FTX, noting that the contagion “can last for a significant amount of time.” He added that the crypto industry seems to have “no significant lender of last resort.” Citi’s Analyst Warns of […]

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