SBF Guilty Verdict Doesn't Mean Crypto Markets Are Out of the Woods
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Former FTX CEO Sam Bankman-Fried was found guilty on all charges, but the verdict may provide false confidence to retail crypto investors.
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The liquidation of FTX assets could still hurt prices, so investors shouldn't rush back into crypto based on the verdict.
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Crypto exchanges remain largely unregulated, so investors should custody their own assets after trading.
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Traditional financial institutions are moving into crypto, starting to rebrand the industry beyond its early libertarian roots.
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There's optimism around bitcoin amid institutional moves, but that doesn't apply to other more speculative cryptocurrencies.