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What Is a Crypto Conglomerate Like FTX? Economics and Regulations

Author

Listed:
  • Jonathan Chiu
  • Russell Wong

Abstract

We explain the economics behind the rise and fall of FTX. We view FTX and its associates as components making up one large entity: a crypto conglomerate. Understanding the economics of crypto conglomerates is crucial for designing effective regulations.

Suggested Citation

  • Jonathan Chiu & Russell Wong, 2023. "What Is a Crypto Conglomerate Like FTX? Economics and Regulations," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 23(09), March.
    • Handle: RePEc:fip:fedreb:95890
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