The fall of the FTX crypto exchange forced many investors to seriously reconsider their overall approach to investments starting from self-custody to verifying the on-chain existence of funds. This shift in approach was driven primarily by the lack of trust crypto investors have in the entrepreneurs after being duped by FTX CEO and co-founder Sam Bankman-Fried.
FTX crashed after Mr. Bankman-Fried and his accomplices were caught secretly reinvesting users’ funds, resulting in the misplacement of