There is an official Bank Run in the crypto industry. All the lending institutions they were once a solid place to go to leverage your crypto is now a no man's land. Genesis lending, Celsius & many more have been completely wrecked with the financial crash of ftx. If you want to keep your crypto safe you might as well keep it in a private wallet because using any lending institution or any exchange is a risky proposition. In this video we discuss how a bank run is very possible in the crypto space and even the traditional Finance space just like we had in 2008 during the housing crisis.
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#ftx #sbf #gemini