The new FTX_Official CEO condemned the management of the crypto exchange. 'He was pointing out that largely what happened with FTX was a human failure,' Crypto is Macro Now Economist NoelleInMadrid says. 'It is not a crypto-specific situation.'
In the wake of FTX's fallout, "Crypto is Macro Now" Economist Noelle Acheson argues that the industry had a lot of singular trust in Sam Bankman-Fried despite being built on the
principle of decentralization. Acheson joins "First Mover" to discuss what it will take for crypto to gain trust again and she reacts to Genesis' crypto lending arm pausing customer withdrawals.
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