Davos crypto crowd distance themselves from FTX and Sam Bankman-Fried

The crypto community at Davos sought to distance themselves from the dramatic collapse of FTX and its co-founder Sam Bankman-Fried who is now facing federal criminal charges in the U.S.

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“FTX in my view now gets painted as a crypto problem. I think if you really peel enough onion layers, it’s not really a crypto … problem to happen here, it’s fraud. And I think we should not pretend it’s something else,” Brad Garlinghouse, CEO, Ripple, told CNBC.

Source: Davos crypto crowd distance themselves from FTX and Sam Bankman-Fried