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Adam Back Warns Bitcoin Markets Keep Repeating The FTX And Mt. Gox Playbook
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Adam Back Warns Bitcoin Markets Keep Repeating The FTX And Mt. Gox Playbook
The bankruptcy filing lands. User funds get frozen. Lawyers start arguing over who owns what. For anyone who has followed crypto since 2014, the choreography is depressingly predictable. At BTC Prague 2026, Blockstream CEO Adam Back told the audience that Bitcoin markets keep replaying a script that should have been retired years ago. He pointed to the FTX collapse and, before it, Mt. Gox as evidence that the industry still refuses to adopt the …
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