Even if the cryptocurrency industry somehow manages to recover from the worst crisis to date, the company still has a “grisly” future, according to a well-known statistician.
Back in May, famed short seller Jim Chanos, who made a killing with his early bet against Enron, predicted that Coinbase would continue to struggle due to itsHowever, it should be noted that Taleb doesn’t expect Coinbase to implode in the same dramatic manner as FTX. , Coinbase’s stock collapsed to an all-time low on Sept. 21 after investors’ faith in centralized exchanges was dented by the sudden collapse of the second-biggest cryptocurrency trading platform.
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