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Description: Outspoken economist Nouriel Roubini described crypto and some of its major players as an “ecosystem that is totally corrupt.” On a panel hosted by CNBC’s Dan Murphy at the Abu Dhabi Finance Week on Wednesday, the New York University professor said there were “seven Cs of crypto”: “Concealed, corrupt, crooks, criminals, con men, carnival barkers,” and finally, Binance Chief Executive Changpeng Zhao, known as CZ, who spoke on a prior panel at the same conference.

​Source: CNBC.com – video report

Date: Nov 16, 2022

Link: https://www.cnbc.com/2022/11/16/crypto-an-ecosystem-that-is-totally-corrupt-says-nouriel-roubini-.html?recirc=taboolainternal

Questions for discussion:

  • What does Nouriel Roubini  say in this report about crypto?
  • Do you agree with his analysis and comments?
  • What would you advise investors?

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