Even after an 8-billion-dollar collapse that reshaped the entire market structure, the ghost of FTX still refuses to stay buried.
Too many traders spent years rebuilding their portfolios after losing life savings in that crash, only to be reminded of how fragile custodial trust used to be. It is a painful scar that reopens every time old legal drama resurfaces in the headlines.
Sam Bankman-Fried is now petitioning the US Supreme Court to overturn his 25-year federal fraud conviction. While $FTT still sees random speculative volume despite having zero utility, the broader market has fundamentally moved on.
Back in 2022, when the contagion crushed $BTC and wiped out entire lending desks, it felt like recovery would take a decade. Seeing Bitcoin trade with institutional backing today while courtroom appeals fade into background noise proves that resilient assets always outlive bad actors.
Do you think these lingering court battles have any real impact left on market confidence, or has the industry permanently closed that chapter?
#CryptoMarket #Bitcoin #FTX
Too many traders spent years rebuilding their portfolios after losing life savings in that crash, only to be reminded of how fragile custodial trust used to be. It is a painful scar that reopens every time old legal drama resurfaces in the headlines.
Sam Bankman-Fried is now petitioning the US Supreme Court to overturn his 25-year federal fraud conviction. While $FTT still sees random speculative volume despite having zero utility, the broader market has fundamentally moved on.
Back in 2022, when the contagion crushed $BTC and wiped out entire lending desks, it felt like recovery would take a decade. Seeing Bitcoin trade with institutional backing today while courtroom appeals fade into background noise proves that resilient assets always outlive bad actors.
Do you think these lingering court battles have any real impact left on market confidence, or has the industry permanently closed that chapter?
#CryptoMarket #Bitcoin #FTX
