When did crypto bankruptcies start?
Could you elaborate on the genesis of crypto bankruptcies? When did this phenomenon first emerge in the cryptocurrency landscape? I'm interested in understanding the historical context surrounding the initial instances of crypto-related bankruptcies and how they have evolved over time. Did these bankruptcies stem from specific market conditions, regulatory issues, or mismanagement within the projects themselves? Unraveling this timeline could provide valuable insights into the risks and challenges associated with investing in cryptocurrencies and decentralized finance.