All of Crypto’s Dirty Laundry Is Being Aired at Once

Former Alameda Research CEO Caroline Ellison testifies during Sam Bankman-Fried's trial in Manhattan federal court.

Photographer: Elizabeth Williams/AP

In this issue of the Bloomberg Crypto newsletter, Michael P. Regan sorts through a load of crypto dirty laundry:

Crypto, almost from the beginning, has been a magnet for criticism. And the list of the most common knocks against it is long. Yet rarely have real-world examples of its assorted risks and vulnerabilities piled up as quickly and neatly as they did in the past few weeks.