Where does the FTX disaster leave the cryptocurrency industry?

Is it the 2020s, or the 1920s? Given how fast and hard FTX fell in a manner reminiscent of the bank panics in the early 20th century, we had to do a double-take. But if you know your history, the comparison isn't a stretch. How did FTX, at one point perceived to be a cryptocurrency juggernaut, lose everything in a matter of days? What headwinds does the collapse signal for the rest of the industry? Villanova University Associate Professor of Finance John Sedunov shares his analysis.