Crypto Crisis: Billionaire Mark Cuban Attacks the Stock Market

Published by
The Street

By Luc Olinga The star of the hit show Shark Tank is a prominent investor in the cryptocurrency industry. The abrupt implosion of the FTX cryptocurrency exchange has sent an earthquake shock to the industry and beyond. The financial woes of the company, which was valued at $32 billion in February, surprised many, as the firm and its CEO and founder Sam Bankman-Fried, had emerged as the saviors of many struggling crypto businesses in the summer. They had bailed out prominent crypto lenders like BlockFi, Voyager Digital, Celsius Network and Robinhood (HOOD) – Get Free Report, which had suffered …

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