SOL - EXCLUSIVE: Bankman-Fried Trial Outcome Casts Positive Light On Blockchain Integrity Says Wormhole Exec | Benzinga
The trial of FTX founder Sam Bankman-Fried is another age-old story of a financial entity defrauding its users, according to Robinson Burkey of the Wormhole Foundation.
The majority of the crypto industry will soon rejoice, Burkey predicts.
"The majority of the crypto industry is going to be excited when he's hopefully convicted,” Burkey said at Solana's (CRYPTO: SOL) Breakpoint conference in Amsterdam.
Burkey shared his thoughts in an interview preceding Benzinga's Future of Digital Assets conference on Nov. 14.
Burkey's statement underscores a common sentiment within the community — that the resolution of Bankman-Fried’s case will help to distinguish the innovative technology of crypto from the unrelated fraudulent activities.
"What happened [with FTX] was pure fraud," Burkey insisted. "It had nothing to do with blockchain technology."
Burkey, who is the ...