Cryptocurrency winter is here and it may get worse: "I see it as a Ponzi"

The industry is fighting for its life amid a cascade of scandals, bankruptcies and fury in Washington over its lawless, if not fraudulent, tendencies. The token market has lost $2 trillion in the same span: one of the largest financial bubbles to burst in history. FTX's bankruptcy and the criminal indictment against its founder, Sam Bankman-Fried, are likely to…