Tim Culpan, Columnist

$2.3 Billion in Losses Highlights Crypto’s Moral Hazard

Too many hacks. Too little security.

Consumers should expect better than this.

Photographer: imaginima/Getty Images

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It’s time the cryptocurrency community got its act together.

In this relatively new industry, hacks and frauds have been greeted with a shrug and largely dismissed as part of the process of building a superior financial system.