Cryptocurrency was in trouble long before the alleged fraud was revealed at the bit crypto trading platform FTX.

But while the arrest of FTX CEO Sam Bankman Fried puts another dent in crypto's reputation, does it sink crypto as an investment altogether?

Felix Salmon is the Chief financial correspondent at Axios & host of the Slate "Money" podcast.

Cryptocurrency was in trouble long before the alleged fraud was revealed at the bit crypto trading platform FTX.
But while the arrest of FTX CEO Sam Bankman Fried puts another dent in crypto's reputation, does it sink crypto as an investment altogether?
Felix Salmon is the Chief financial correspondent at Axios &amp; host of the Slate "Money" podcast.

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