Griffin expressed concern that losses sustained by younger investors who lost money due to FTX may make them less likely to invest their savings in capital markets, including traditional instruments like stocks and bonds.
Representations of cryptocurrencies are seen in front of displayed FTX logo and decreasing stock graph in this illustration taken Nov. 10, 2022. "The confidence, though, of a generation in financial markets has also been shaken. That's really awful because the 20-some-year-olds to 40-year-olds who are so engaged in crypto — they've got to save for their retirement, and if they don't believe or trust in financial markets, this is a huge problem. They need to own stocks, they need to own corporate debt, they need to partake in our global capital markets," Griffin said.
Ken's got jokes. He runs a travesty
Glad to see the world's largest financial terrorist throwing shade at a rookie compared to him.
The result when you invest real money 💰 on a return of Monopoly money 💴/ Simple math 🧮