Here’s how the crypto industry evolved following one of its most notorious black swan events, the downfall of the FTX exchange, which caused $8.9 billion of lost user funds.
Welcome to the History of Crypto, a Cointelegraph series that brings readers back to the most significant events in the crypto space. Powered by Phemex, the timeline allows crypto community members to explore and look back at the important events that shaped the industry into what it is today.
This article explores the period following November 2022, when the FTX exchange collapsed, giving rise to one of the most notorious crypto winters in the history of digital assets.
The period after the collapse of the FTX exchange is known as one of the darkest times in crypto history.