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?