Business correspondent Paul Kelso takes a look at the fall from grace of FTX founder Sam Bankman-Fried – and what it means for the future of cryptocurrency.
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps:
Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
20 Comments
Nope
Who said a sucker is born every minute
Crypto never had a future to begin with
I’m first yay
Pin meee
I invested £200000 on crypto and I lost all of it in 1 hour. Folks don’t invest in them it’s all scam
Who would every deal in invisible currency except lunatics.
The irony of the Deputy Governor of The Bank of England lecturing people on financial stability after they’ve just decimated mortgages would be hilarious if their greediness didn’t make me feel so sick to my stomach.
No, it’s corrupt and does not have a future let it go
It never had a future.
The Cryptocurrency is the futur
Oh, sure. A currency that's backed by nothing but little table scraps for the miners who hack a tiny bit of blockchain code. That doesn't smell fishy at all. No sir, not one bit.
Nevermind crypto what vinceology?
yeyh the mooch is in this vid , now thats a proper gent
Blockchain, yes, the technology is the future of finance. Crypto as a form of ‘investment’ or storage of value, no, never was.
Vapour economy, vapour profits … vapourized furures. In any language spells out as …. p-o-n-z-i. The long-con paper scam is dying … while the digital short-con just electrocuted itself. I smell bacon.
Crypto is a scam
bank of england 🤡🤡🤡🤡🤡🤡
Keep printing money and bailing out corrupt banks and gambling pension companies 👌👌👌
As soon as governments started getting involved it was doomed to fail
Blair and Clinton………………………….WALK AWAY!!!!!!!!!!!!!!!!!!!!!!!