Case File #28

CRYPTO-Nite

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Since Bitcoin broke into the mainstream in 2009, the cryptocurrency craze has turned early adopters into millionaires. But the recent bankruptcy of crypto exchange FTX and wild shifts in cryptocurrency values resurrected longstanding concerns about the viability of digital currencies. While celebrity endorsements from Tom Brady, Matt Damon and more lend credibility, crypto currency doesn’t have a tangible value beyond what people are willing to pay for it. Crypto markets remain an unregulated “wild west” with thousands of exchanges, bad actors fueled by greed and hopeful investors looking to make a quick buck. Business attorney and crisis squad member Steve Silton joins host Roshini Rajkumar to take the mystery out of cryptocurrency. He takes us all to school and breaks down the pitfalls and opportunities of digital currencies.

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