Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Chloe Taylor

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

A Bitcoin coin, 3D Illustration. (Credit: Westend61/Getty Images)

Last year was a difficult time for crypto investors, with billions being wiped out of the cryptocurrency market and the collapse of major exchange FTX dampening sentiment toward digital assets.

The fallout saw people losing their life savings overnight, with more than a million people and businesses reportedly owed money by FTX.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.