Proponents of cryptocurrency have long touted the technology’s transparency compared to traditional finance. But in the wake of the FTX fallout, it’s clear that the crypto industry has a long way to go if it wants to live up to this promise.
One way to increase transparency in the space is to have more public discussions with leaders in the industry. That is precisely why we are formally inviting Sam Bankman-Fried to come to the Benzinga Future Of Crypto event.
What Needs To Happen From Here?
Sam Bankman-Fried, has the perfect opportunity at the Benzinga Future of Crypto event to openly discuss what happened with FTX and how the crypto industry can avoid similar situations in the future.
Bankman-Fried would join Kevin O’Leary, Anthony Scaramucci and other thought leaders in the crypto space who will speak at the event in New York City. The event, focused on the next chapter of crypto, is the optimal time and place for SBF to connect with investors in the space and regain some goodwill.
SBF has been a proponent of bringing more regulations to the crypto space to protect investors. O’Leary has also promoted the idea of bringing more regulation to the crypto space.
The Future of Crypto event will have discussions and panels focused on regulation. SBF would be able to add extreme value to these discussions and continue to be a helpful advocate for the industry. Being open with customers and investors is the best route for SBF to redeem his self.
Joining O’Leary and Scaramucci at the Future of Crypto event in New York City would be a good place to start.