• BlackRock's Larry Fink thinks most crypto companies will go out of business in the wake of FTX's collapse

    2 monthes ago - By Business Insider

    BlackRock's Larry Fink. AP
    The collapse of Sam Bankman-Fried's FTX will flush out most crypto firms, BlackRock's Larry Fink said.
    "I actually believe most of the companies are not going to be around," the CEO told the DealBook summit.
    FTX's implosion has triggered layoffs and further bankruptcies in the struggling crypto sector.
    More crypto companies are likely to go under in the aftermath of FTX's bankruptcy filing , Larry Fink has warned. "I actually believe most of the companies are not going to be around," the BlackRock chief executive said in an interview at the New York Times...
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