Mark Gilbert , Columnist

Crypto's Coffin Is Not Quite Nailed Shut Yet

FTX contagion spreads, while the World Cup prepares to kick off.

November 18, 2022 at 3:33 PM UTC

Mark Gilbert is a Bloomberg Opinion columnist covering asset management. A former London bureau chief for Bloomberg News, he is author of “Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable.”

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Emoji-approved payments. Unaudited loans. Digital assets gone AWOL. “Every day seems to bring new revelations of bankrupt exchange FTX’s internal dumpster fire and its tentacular reach into all corners of the cryptocurrency ecosystem,” notes Lionel Laurent.