In 2022, the crypto industry has seen the worst of human duplicity. The DeFi market has experienced fluctuations in the past, but nothing compares to this year’s performance. Making the crypto villains list has been a hard road considering the fact that no one saw it coming.
At the end of 2021, Bitcoin’s price had just reached a new all-time high of $69k, and the entire market was speculating about how much higher prices could go. We were unaware that the market peak had already been attained. The biggest twist to this year is how crypto heroes turned into villains by the night.
Crypto market sees the worst of human duplicity
Crypto prices have hit rock bottom since the start of the year. While the market has been in a bad state, the betrayal from its very own has not been easy. There are obvious names that have cut the villains list, while others have been quite unexpected.
Most importantly, investors have learned a very important lesson this year: nothing is sacred in crypto and that anything can happen. There is a common ground to all these villains; they swear and stand by their innocence and that “they never meant to do it.” Here is the list of DeFi-markets worst destroyers.
Sam Bankman-Fried and ‘company’
Sam Bankman-Fried (SBF) has been an unexpected turn of character. SBF and his associates assisted him in committing the century’s largest scam at FTX and Alameda Research. As investors suffer, the mainstream media has scarcely hurled softballs at…
