Crypto's moment of reckoning

ABC News Daily - A podcast by ABC

A number of congressional hearings are set to begin this week in US into one of the biggest financial collapses in history. Around 30,000 Australians were caught up in the spectacular downfall of the cryptocurrency exchange FTX, which went from a $50 billion company to declaring bankruptcy in a matter of hours. Today, Tory Newmyer from the Washington Post on the Wild West of cryptocurrency, and whether investors will keep coming back for more. Featured: Tory Newmyer, economic policy reporter, Washington Post