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PC Gamer
PC Gamer
Rich Stanton

2023 in crypto and web3: Scams, collapses, and finally some consequences

Sam Bankman-Fried is hustled into court by security.

2022 was the year where cryptocurrencies and the industry around them lost a lot of credibility, thanks to the collapse of enormous exchanges like FTX and the overnight failure of major cryptocurrencies like LunaUSD. 2023 has been the year where we started to see the consequences for some of this stuff, alongside a whole host of more familiar malfeasance. 

The year got started with the announcement of Cryptoblast: Nope, not another shitcoin, but the first crypto-backed energy drink. What does that mean? Who cares but we made Jorge drink that garbage anyway, and he says it tastes "like it was secreted on the blockchain." Nummy!

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