This shakeout isn’t done yet – there will be more crypto casualties

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City AM

By Darren Parkin The week in reviewwith Jason Deane It’s been another week of contagion and chaos as the FTX fallout continues, driving all crypto prices lower as confidence continues to be shaken. This is not over yet, there will be more casualties. But, this is also a moment of opportunity. We all knew the market was a complete mess with exchanges operating outside regulation on a “trust me bro” basis, but I’m not sure many of usreally knew quite how bad it actually was, something I discussed with Christine Lee on Coindesk TV earlier this week. To me, this shakeout is very reminiscent of the…

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