What do you think?
Rate this book
Crypto Winter: The Rise & Fall of Billion-Dollar Crypto Empires
Crypto The Rise & Fall of Billion-Dollar Crypto Empires
Crypto Winter delves deeply into the collapse of billion-dollar crypto Terraform Labs, Three Arrows Capital, Voyager, Genesis, BlockFi, FTX, and Celsius. Over the course of 2022, a once three-trillion-dollar crypto market cap fell into the billions, the price of Bitcoin fell from $69,000 to $16,000, and all seven crypto platforms would default on their investors and be forced to file for bankruptcy, with the founders forced to fight for their freedom from federal prosecutors. When fortunes froze, and the house of cards toppled, retail investors lost their life savings, billionaire tycoons became international criminals, and everyone was forced to litigate to recover funds after the crypto industry imploded. Together, these stories capture the largest economic downfall since the 2008 housing market collapse in a tell-all story of the rise and fall of the billion-dollar empires that collapsed during the 2022 and 2023 crypto bear market.
Liam Murphy is the Founding Partner of Murphy’s a crypto law firm built for the next generation. Before starting his crypto-only litigation firm, Liam graduated from the University of Pennsylvania Law School and worked as a Litigation Associate at three prestigious NYC law firms, honing his expertise by litigating billion-dollar cases, crafting complaints against crypto fraudsters, and defending executives and politicians against government enforcement actions. Further, Liam has taught crypto litigation at Yale Law School and has published articles in leading legal publications on crypto law and regulation. Applying his expertise and insights working on the very cases covered in this book, Liam wrote Crypto Winter to document this historic, trillion-dollar crash.
Crypto Winter delves deeply into the collapse of billion-dollar crypto Terraform Labs, Three Arrows Capital, Voyager, Genesis, BlockFi, FTX, and Celsius. Over the course of 2022, a once three-trillion-dollar crypto market cap fell into the billions, the price of Bitcoin fell from $69,000 to $16,000, and all seven crypto platforms would default on their investors and be forced to file for bankruptcy, with the founders forced to fight for their freedom from federal prosecutors. When fortunes froze, and the house of cards toppled, retail investors lost their life savings, billionaire tycoons became international criminals, and everyone was forced to litigate to recover funds after the crypto industry imploded. Together, these stories capture the largest economic downfall since the 2008 housing market collapse in a tell-all story of the rise and fall of the billion-dollar empires that collapsed during the 2022 and 2023 crypto bear market.
Liam Murphy is the Founding Partner of Murphy’s a crypto law firm built for the next generation. Before starting his crypto-only litigation firm, Liam graduated from the University of Pennsylvania Law School and worked as a Litigation Associate at three prestigious NYC law firms, honing his expertise by litigating billion-dollar cases, crafting complaints against crypto fraudsters, and defending executives and politicians against government enforcement actions. Further, Liam has taught crypto litigation at Yale Law School and has published articles in leading legal publications on crypto law and regulation. Applying his expertise and insights working on the very cases covered in this book, Liam wrote Crypto Winter to document this historic, trillion-dollar crash.
224 pages, Kindle Edition
Published February 13, 2025
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
No one has reviewed this book yet.