Because crypto doesn’t change anything, exchanges had liquidity issues and went under in the same way as SVB did… Crypto isn’t magic its just a glorified balan

Because crypto doesn’t change anything, exchanges had liquidity issues and went under in the same way as SVB did… Crypto isn’t magic its just a glorified balance sheet. And today it’s even more complicated since you need to exchange crypto for actual money so there is another layer of liquidity risk.