The collapse of FTX is likely to impact hundreds of thousands of investors, many of whom are Gen Zers. And Ken Griffin, founder and CEO of the Citadel hedge fund, says he’s worried the ripple effects could put generations off investing for some time.
"FTX is one of these absolute travesties in the history of financial markets," Griffin said at the Bloomberg New Economy Forum in Singapore on Tuesday. "People are going to lose billions of dollars and that undermines trust in all financial markets."
