Blockchain didn’t fail, says Pantera’s CEO on FTX collapse

Pantera Capital’s CEO says FTX’s collapse was not caused by blockchain failure.
In a letter to investors, Dan Morehead said there is a need for trustless systems in the ecosystem.
Business in the blockchain space is moving back to safe entities, Morehead added.
Blockchain shouldn’t be blamed for FTX’s collapse
Cryptocurrency exchange FTX collapsed in November following the mismanagement of customer funds by Sam Bankman-Fried and his executives. Since then, the news o