Cryptocurrencies
Did Stimulus Checks Contribute to the Crypto Crash? That's One Theory (Podcast)
An influx of payouts during the pandemic contributed to the collapse of crypto exchange FTX, says Bloomberg Opinion’s Robert Burgess.
A coronavirus economic assistance check in April 2020.
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What do pandemic stimulus funds have to do with the recent collapse of crypto prices and entities like FTX? According to Bloomberg Opinion writer Robert Burgess, the answer is basically everything.