Crypto in 2022: It wasn’t all bad

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City AM

By Stephan Roth This year was turbulent, even by crypto standards. If the past twelve months have taught us anything it’s that crypto is still far from a mature asset class and time may be running out for the industry to prove itself as a functional and beneficial cop in our financial system. There are a number of hangovers the industry has given us throughout 2022, the most recent being the fantastical demise of Sam Bankman-Fried and FTX. Yet, crypto’s unravelling started in May with another ‘wunderkind’, Terraform (Terra) Lab’s Do Kown. Terra-fying Hailing from South Korea, Kwon was almost e…

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