Crypto Winter: The Rise and Fall of Billion-Dollar Crypto Empires

Crypto Winter: The Rise and Fall of Billion-Dollar Crypto Empires

  • Downloads:2550
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2025-01-14 12:20:28
  • Update Date:2025-09-15
  • Status:finish
  • Author:Liam Murphy
  • ISBN:B0DSWKPRG3
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

Crypto Winter delves deeply into the collapse of billion-dollar crypto Terraform Labs, Three Arrows Capital, Voyager, Genesis, BlockFi, FTX, and Celsius。 Over the course of 2022, a once three-trillion-dollar crypto market cap fell into the billions, the price of Bitcoin fell from $69,000 to $16,000, and all seven crypto platforms would default on their investors and be forced to file for bankruptcy, with the founders forced to fight for their freedom from federal prosecutors。 When fortunes froze, and the house of cards toppled, retail investors lost their life savings, billionaire tycoons became international criminals, and everyone was forced to litigate to recover funds after the crypto industry imploded。 Together, these stories capture the largest economic downfall since the 2008 housing market collapse in a tell-all story of the rise and fall of the billion-dollar empires that collapsed during the 2022 and 2023 crypto bear market。