Renowned economist Nouriel Roubini stated that the “bloodbath” in the crypto industry has just begun.
The economist argued that after the collapse of FTX, most crypto companies will follow the same path.
Nouriel Roubini Keeps Targeting Crypto
The Nobel laureate economist recently said that Binance is a much worse crypto exchange than FTX. He bases his assumption on the fact that Binance has not disclosed the location of its headquarters. Roubini also used the term “scamware” for Binance’s native token, BNB.
Roubini said that CZ, the CEO of Binance, is much more questionable than SBF, the former CEO of FTX.
BlackRock CEO Larry Fink also told the New York Times DealBook Summit that cryptocurrencies will fail.
In a tweet he sent the other day, Roubini argued that 97% of ICO proposals are bankrupt and they are scam projects.
The economist went further, calling cryptocurrencies “the biggest heist in human history.”
Nouriel Roubini has been one of the biggest opponents of the cryptocurrency industry for years. The economist calls the crypto industry a scam every time.
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