- 2022 was a brutal year for digital assets as worries about stability rocked the crypto world.
- Bitcoin plunged 64% as interest rate hikes made investors think twice about riskier assets.
- The high-profile collapses of FTX, Celsius, and Three Arrows Capital eroded trust in crypto.
In February, crypto exchange FTX made its Super Bowl debut with a commercial featuring “Curb Your Enthusiasm” star Larry David.
By December, the exchange had collapsed — and its disgraced former CEO Sam Bankman-Fried had been arrested and was facing eight criminal charges in the US.
All in all, 2022 was a brutal year for digital assets, as rising interest rates and high-profile bankruptcies helped feed a broad and deep selloff in the market.
Here are nine crazy stories that rocked crypto this year:
