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A year of carnage in the digital assets space: Where do we go from here?

Crypto.com Arena, formerly Staples Center, is seen as the crypto industry reels from the collapse of FTX
Photo: David McNew/Getty Images

Is the digital assets industry facing an existential crisis? Or might the recent convictions serve as the portent of a more stable industry?

The crypto industry has, since its inception, often been characterized by the outsized and media-savvy personalities that founded its most prominent enterprises. Now some of those personalities are facing significant prison sentences, and their companies have either collapsed or are subject to significant federal oversight.

Convictions and collapses

A year