Tether Co-Founder Weighs In on FTX Collapse

The video discusses the aftermath of the FTX collapse, focusing on Genesis's financial troubles and the broader impact on the crypto market. It highlights the need for better regulation, with insights from Janet Yellen and concerns about applying traditional banking laws to crypto. The discussion emphasizes the importance of transparency and understanding the risks involved in crypto investments.

What is the relationship between Genesis and the FTX collapse?

What problems did Genesis face after the FTX bankruptcy?

How did the lending practices of exchanges like FTX contribute to the current issues in the crypto market?

What are the key points regarding the need for regulation in the crypto industry as discussed in the text?

What transparency measures are suggested for exchanges handling customer deposits?