The VC money is nothing new. Throw money at a handful of possible game-changers and see what sticks. The customers did not simply buy crypto. They gambled it. That's a gamble on top of a gamble being run by a few people in the Bahamas. What's odd is that those gambles were risky within reason, but the fallout was just pure human corruption and/or incompetence. And putting FTT on balance sheets as actual value is laughable.