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Crypto's moment of reckoning

Crypto's moment of reckoning

FromABC News Daily


Crypto's moment of reckoning

FromABC News Daily

ratings:
Length:
14 minutes
Released:
Dec 13, 2022
Format:
Podcast episode

Description

A number of congressional hearings are set to begin this week in US into one of the biggest financial collapses in history.

Around 30,000 Australians were caught up in the spectacular downfall of the cryptocurrency exchange FTX, which went from a $50 billion company to declaring bankruptcy in a matter of hours.

Today, Tory Newmyer from the Washington Post on the Wild West of cryptocurrency, and whether investors will keep coming back for more.




Featured: Tory Newmyer, economic policy reporter, Washington Post
Released:
Dec 13, 2022
Format:
Podcast episode

Titles in the series (100)

ABC News Daily is the podcast that helps you understand the issues affecting your world. Every episode, host Samantha Hawley walks through one story with the help of an ABC colleague or expert in under 15 minutes. When you want coverage you can trust, listen to ABC News Daily.