theverge
Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
![](https://tarekeless.com/wp-content/uploads/2023/01/acastro_220524_STK428_0002.0-J85kDb-780x470.jpeg)
Illustration by Alex Castro / The Verge
FTX is just the latest company facing an uncertain future as cryptocurrency values drop, revealing flaws in risky financial strategies that fueled the recent crypto and NFT boom.