FTX bankruptcy will negatively impact the crypto space in terms of value, consumer confidence, and cause contagion effects.
"if FTX is not bailed out which looks like at this point it probably won't be this will have a huge impact on the whole crypto space and it will set us back years worth in value lost years worth in consumer confidence and worst of all is the possible contagion effect of all the other major exchanges and businesses that had anything to do with FTX"
