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EconomyBitGo CEO says Clarity failure exposed capital markets to potentially worse-than-Lehman risk

BitGo CEO Mike Belshe warned that Clarity’s failure exposed a systemic risk created when one firm combines exchange, brokerage and custody functions, potentially posing a threat worse than Lehman’s collapse.

cryptosystemic riskcapital markets

TThe Block★★★☆☆2026-10-02 12:28Original

BitGo CEO says Clarity failure exposed capital markets to potentially worse-than-Lehman risk
BitGo CEO says Clarity failure exposed capital markets to potentially worse-than-Lehman riskEconomy