Roubini slams cryptocurrencies again at the WEF event in Switzerland.
In the wake of the collapse of the crypto exchange FTX, renowned economist professor Nouriel Roubini has fired shots at cryptocurrencies, labeling 90% of crypto assets a scam.
At the World Economic Forum (WEF) conference in Davos, Switzerland, Roubini described cryptocurrencies as a criminal activity and a bubble that will soon be deflated.
“Literally 90% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is going bust,” Roubini, nicknamed Dr. Doom for his negative forecasts on global trends.
All Comments