Jump Crypto’s president: FTX’s Fraud Is The Same As Fraud 100 Years Ago

President of Jump Crypto, Kanav Kariya, stated on Twitter that after the crash of FTX, the market is struggling to go through hard times.

The collapse of the exchange has increased collective pressure to build more robust and faster trust layers, according to the executive.

Kariya claims that a false messiah captivated an audience broader than ever before, referring to FTX’s disgraced ex-CEO Sam Bankman-Fried and emphasizing the importance of better trust layers in crypto.

At the same time, he also stated that the fraud of Bankman-Fried’s once illustrious empire was fraud 100 years ago.

Currently, the exchange is still under investigation by the Bahamas government.

Coincu will continue to update the situation related to Sam Bankman-Fried, you can find out more information through this article.

Coincu will continue to update the situation related to Sam Bankman-Fried, you can find out more information through this article.

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