Cryptocurrencies are not dead after losing more than $2 trillion in market capitalization since November 2021, just over a year. This year LUNA collapsed, which was the top 10 in the market. The third largest exchange, FTX, also fell.
There are still huge concerns about Tether and Binance, let's hope they hold this market because it would be a disaster for many to go down now. In addition, we have the announcement of a loss of approximately 200BTC by Luke Dash jr, an old-school bitcoin developer. Many doubts arise because he has also lost the keys to a hardware wallet that in this case would not be used as a cold wallet as it has the possibility of remote access using the keys hosted on a server. I don't know, it seems very strange to me that a veteran saves his passwords from a ledger in the cloud and uses the same server for work and storage of personal passwords. At the moment he is in contact with the FBI to file a complaint. Some Twitter users commented that the FBI was going to get little, but I think Luke's idea is to have proof that he "has lost" that capital to prepare the 2023 income statement since this happened on January 1. We'll see where it all ends.
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