FTX Latest: Crypto Contagion Fears Are Growing

The transcript discusses the investigation into FTX's assets, highlighting transparency issues in the crypto industry. It debates the need for applying existing financial regulations to the crypto sector, noting that some firms choose locations with less stringent rules. The conversation also covers the risks and reputational damage associated with crypto investments, especially after the collapse of major exchanges like FTX, and the potential for further contagion in the market.

What are the implications of firms incorporating in places with less stringent regulations?

How has the collapse of major crypto exchanges affected investor confidence?