Bitcoin is supposed to be a “trustless” token, but you’ll still need to place your trust in someone or something.
Illustration by Barron’s Staff
FTX’s bankruptcy got us wondering: Can you buy
Bitcoin
without going through an exchange?
FTX, quite simply, didn’t safeguard customer assets. Creditors who thought their crypto was safe are now trying to recoup around $3 billion through bankruptcy proceedings.
Source: https://www.barrons.com/articles/bitcoin-ftx-digital-wallet-crypto-51669242527?siteid=yhoof2&yptr=yahoo