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Bitcoin & Crypto DEVELOPING

BitGo CEO says Clarity’s failure left capital markets exposed to risk potentially worse than Lehman

First reported Source: The BlockLast editorial activity
Market analysis with focus on cryptocurrency trends displayed. Ideal for fintech topics.
Illustrative photo.Photo by Rafael Minguet Delgado on Pexels

What happened

BitGo CEO Mike Belshe warned that Clarity's failure left systemic risks arising from one firm holding exchange, brokerage, and custody functions.

Sources & evidence

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