Op-ed: why FTX does not spell the death of crypto

By Philipp Pieper and Timo Lehes, co-founders of Swarm

Sam Bankman-Fried, the once poster boy for crypto regulation by appearing before congress and allegedly donating hundreds of millions of dollars to the Democrat Party, lost his crown and $51 billion worth of collateral from FTX’s balance sheet, leading to the collapse of the world’s second largest centralised crypto exchange in November this year. The d…