The Fallen Genius’s “Final Hand” or Something More? The “Market Truths” We Must Rescue from the FTX Trial Quagmire

“So, was cryptocurrency a house of cards after all?”

Since the shock of the FTX collapse, has the clock stopped for you? Behind the gruesome headlines, as vast fortunes vanished and Sam Bankman-Fried (SBF)—the former industry darling—was dragged into court, many left the market with a cynical smirk.

But make no mistake. What remains after a storm is more than just traces of destruction. It is only after the muddy waters recede that true gold reveals itself.

By reading this article to the end, you will gain the literacy to decode the “noise” of the FTX trial as a “signal” of market maturity. Only those sharpening their fangs in this chaos can ride the next wave.

Shining Light on the Shadows of the Judiciary: “SBF’s Counterattack”

The former “savior of the crypto world,” SBF, has bared his teeth once again. His argument for a new trial is provocative: he claims the Department of Justice (DOJ) under the Biden administration silenced witnesses favorable to him.

It is easy to dismiss this as mere desperation. However, this turmoil highlights a certain “distortion” currently facing the modern cryptocurrency market.

1. A Bloody Ritual of Departing the “Wild West”: This trial is a rite of passage for cryptocurrency to graduate from an underground toy to a “pillar of the economy” that nations cannot ignore. When the scalpel of institutionalization is applied, pain is inevitable.
2. Uncertainty Creates the Ultimate “Buying Opportunity”: A prolonged trial casts a fog over the market. However, the backbone of blockchain technology and the essence of Bitcoin as “Digital Gold” remain untarnished. The gap between those standing still in the fog and those navigating by a compass starts here.
3. The “Power of Discernment” Protects Assets: Stop dancing to sensationalist headlines. What is required now is “mature investing”—reading data coldly and stripping away political bias.

Prepare a “Robust Vessel” to Cross Stormy Seas

When the market is shrouded in uncertainty, jumping in unarmed isn’t courage—it’s recklessness. Your first step should be securing a trustworthy “platform” to ensure you are ready to move at any time.

Why is it necessary to hold an account right now? It is because we have entered a phase where the “information gap” leads directly to an “asset gap.” Now that the risks of entrusting assets to unreliable overseas exchanges have been exposed, possessing a user-friendly “compass” protected by domestic regulations is the minimum requirement for any serious investor.

Can You Protect Your Future as a “Bystander”?

In an era where the yen’s depreciation is accelerating and cash sitting in a bank is effectively losing value, the ultimate losing strategy is “doing nothing.”

Between the person sipping coffee while saying “how scary” at the news, and the person who reads the structural shifts behind the noise and takes a position—even with a small amount—there will be an insurmountable gap in a few years.

Market turmoil always involves a redistribution of wealth. What you should protect is not your current sense of security, but your future options.

Conclusion: Shake off the Mud and Gaze at the Horizon

The outcome of the FTX trial may vanish into the shadows of the judiciary. However, the torrent of cryptocurrency will not stop. Instead, a breakwater named institutionalization is being built, transforming the market into something more solid.

First, open a reliable account and feel the “temperature” of the market with a small amount. By the time the opportunity is obvious to everyone, it will be too late.

Taking a step forward at this very moment will be the greatest gift to your future self.

※ This article is intended for informational purposes only and does not constitute investment solicitation or advice. Final investment decisions must be made at your own responsibility.

This article is also available in Japanese.