🚀 Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype 🚀

🔍 A professor at Cornell University’s Dyson School, Eswar Prasad, has raised significant concerns about the increasing risks in the cryptocurrency market. He points to regulatory gaps and centralization as key issues. According to Prasad, crypto today presents even greater risks to investors and financial institutions than before.

🌟 Despite bitcoin’s recent surge to record highs and increasing political support from figures like former U.S. President Donald Trump and current Vice President Kamala Harris, Prasad warns: *"If anything, crypto today presents even greater risks to its investors and to our financial institutions than it did before."*

🔑 Prasad highlights the dangers of centralization within the crypto ecosystem. The collapse of FTX and legal troubles surrounding Binance serve as examples of how centralized power can undermine the foundational principles of decentralized finance.

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