In 2022, These Crypto Skeptics Turned Out To Be Right
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Year-old crypto prognostications from industry bulls haven’t fared well in 2022, but a handful of skeptical voices can take heart from a healthy dose of vindication.
From forecasting fraud, to intuiting insolvency, these critics are having their day in the sun.
Among those ahead of the curve on the Terra ecosystem was Kevin Zhou, founder of crypto hedge fund Galois Capital, who had been a notable skeptic of Terraform Labs’ co-founder Do Kwon, long before Terra’s death spiral.
Zhou warned investors of the “systemic risk” posed to the crypto industry by Terra and began tweeting his concerns regularly in March.
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