Mike Novogratz: “FTX Hasn’t Impacted Bitcoin, There Is Long Term Opportunity In BTC!”

Cryptocurrency Mike Novogratz, founder and CEO of Galaxy Digital, after the FTX collapse bitcoin‘i and the former CEO of FTX evaluated SBF’s statements yesterday.

First of all, FTX bankruptcy in the long run. bitcoin Stating that it is not a bad situation for the crypto industry, Novogratz said, BTCHe said it will be a growth opportunity in the long term.

The famous CEO, who participated in CNBC’s Squawk Box, said in his statement:

“I think we have a long-term opportunity in bitcoin and crypto.

While investor confidence in the current market has waned after FTX’s bankruptcy, there is an opportunity for growth in crypto and crypto is not going anywhere.

After the FTX bankruptcy, many steps were taken in terms of regulation and transparency. I think they will develop further.

In this context, the FTX bankruptcy will not have as severe consequences for the crypto industry as expected in the long run.”

Evaluating the speeches at the conference attended by SBF last night, Novogratz said that SBF had dreams about what happened to FTX and user funds.

“The SBF’s actions should be investigated. He needs to be tried.

He will spend his time in jail. And it wasn’t just Sam.

More people besides Sam need to be tried and jailed.

Because they made a big scam. I think this should be investigated and things should be delved deeper.

These investigations are necessary and important for trust in the crypto market.”

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