BLUF

In the wake of FTX Cryptocurrency Exchange's bankruptcy, properly regulated financial markets such as stocks and shares look much more attractive—worth remembering the old saying ' Caveat emptor' let the buyer beware.

Summary

Dominic Rushe writing in The Guardian makes the following points:
  • About one million or so customers who deposited their money in the FTX exchange are unlikely to get any of their money back.
  • Other crypto sphere shares have also declined.
  • The FTX failure is unlikely to affect core financial markets.
  • Investigations have begun into the company.
Learn why you must be careful when investing in unregulated markets such as cryptocurrencies.

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