Despite the FTX mess, the crypto market looks to the future

Despite the FTX mess, the crypto market looks to the future The market is 'on its knees but will 'bounce back,' experts sayEven as Sam Bankman-Fried, the former CEO of the collapsed crypto exchange FTX, was arrested and denied bail earlier this week, the questions around the case — and what lies ahead — continue to linger. “The arrest of Bankman-Fried was both overdue and jumping the gun,” Matthew Barhoma, founder of Barhoma Law and Power Trial Lawyers, told TechCrunch. He’s also being investigated for other securities law violations, alongside other pending investigations against others involved. As the situation unfolds, Miles Fuller, head of government solutions for Taxbit, agrees with Barhoma that more charges will arise. “The unsealed indictment from the U.S. Department of Justice references massive fraud, money laundering and violations of campaign finance laws in the U.S. There’s more to play out, though,” he told TechCrunch.