Also a good recap of the what happened in the May and June of 2022 with Luna, Celsius, and Three Arrows Capital.
David Morris is the Chief Insights Columnist at CoinDesk. In this interview, we discuss the contagion that has ripped through the crypto market, and how it mirrors the worst failings of the 2008 financial crisis. Is regulation required for crypto to protect people from getting rekt?
TIMESTAMPS:
00:00:00 Introduction
00:01:26 Background – the need for regulation
00:07:50 How the crypto bubble burst
00:16:04 Getting rekt
00:26:24 Contagion: Luna, 3AC, Voyager, Celsius
00:44:11 Parallels to 2008 Global Financial Crisis and need for regulation
01:02:58 What does the future hold?
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