Vitalik Buterin, Ethereum co-founder and perhaps one of the most recognizable people in crypto, chastised ex-FTX CEO Sam Bankman-Fried today when asked about the businessman and the collapse of his exchange. At the LaBitConf conference in Buenos Aires, Argentina, the man behind the second-biggest cryptocurrency said the colossal collapse of FTX was inevitable because of its centralized nature. “This year we’ve seen a huge number of things that break because they have a model which is fundamentally bad,” Buterin said when asked about the collapse of FTX and other cryptocurren ...
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