Will FTX’s demise shift sinking Miami’s crypto embrace? (commentary)

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By Nikolas Kozloff Hopefully, the recent implosion of cryptocurrency exchange FTX, and the backlash against crypto investors like Sam Bankman-Fried, will prompt the city of Miami to reconsider its economic priorities. FTX, whose 1.2. million users used the exchange to purchase cryptocurrency tokens such as Bitcoin, recently filed for bankruptcy. Amidst the demise of FTX, Bitcoin has plunged along with the entire crypto market. Though certainly concerning for investors, the FTX imbroglio could offer a respite for the environment by discouraging an ongoing crypto craze. Bitcoin transactions cons…

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