Lack of Regulations Will Trigger More Crypto Meltdowns, Predicts Kevin O'Leary

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Lack of Regulations Will Trigger More Crypto Meltdowns, Predicts Kevin O'Leary
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Kevin O'Leary claimed the crypto industry could experience 'many more zeros' in the future.

Lack of Regulations Will Trigger More Crypto Meltdowns, Predicts Kevin O’LearyKevin O’Leary claimed the crypto industry could experience “many more zeros” in the future.

However, he remains a proponent of the industry, admitting that he invested 5% of his wealth in bitcoin.for Kitco News, O’Leary forecasted that the FTX demise will certainly not be the last such event in the cryptocurrency space. He claimed some of the “unregulated exchanges” are reluctant to work with an auditing firm to present accurate liquidity details, which has pushed institutions away:

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