‘Dr Doom’ economist Nouriel Roubini suggests FTX’s rescue deal shows how crypto is a Ponzi scheme

Markets Insider, Released on 11/9/22

“First FTX bails out collapsing crypto Ponzi scams. Now FTX is collapsing & being bailed out by Binance,” Roubini said in a Tuesday tweet.

“But who will bail out Binance when that crappy house of cards collapses? Crypto is Mother Of All Ponzi Schemes!” he added.

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