Black Swan in Crypto?

- Upbit is being investigated for fake accounts related to KYC, with 50-60% of the accounts being suspected of money laundering.

- KOLs and some groups are spreading the image of "Black Swan" - a caricature of something big that can collapse without our expectation.

- Yesterday CZ also tweeted number 4 - meaning for FUD.

As long as major governments like the US, China, Russia, ... have not publicly supported and reserved BTC, BTC is still likely to encounter a real "black swan" that will pull all efforts to push the price for the past half year to 0. But I think it will be more of an opportunity to enter the ranks like 2022 than the end of Crypto.