by Nomi Prins, Casey Research:
Rachel’s note: Yesterday, Casey Research senior analyst and editor of Strategic Trader John Pangere explored the similarities between broker-dealer firm MF Global and crypto trading firm FTX Global’s falls.
Both companies were headed by leaders who made shady and fraudulent business decisions. So John emphasized the importance of managing risk when investing, including the type of brokers you hold your funds with.
Today, investing expert and former Wall Street insider Nomi Prins will delve deeper into what happened with FTX… and that despite the company’s collapse, it’s still not a reason to lose confidence in bitcoin.
That’s because after 15 years in Wall Street, Nomi learnt how important it is to separate the bad apples from the orchard.
So here she is with all the details… and what this series of events means for your money.