Do you think what he said makes sense?

Founder of Interactive Brokers: If BTC crashes 30-50% in one day, there will be many bankruptcy cases, and the clearinghouses will not be able to clean up the mess.

Thomas Peterffy, founder of Interactive Brokers, warned: "Assuming Bitcoin crashes by 30%, 40%, or 50% in one day, there will be many bankruptcy cases, and the clearinghouses will not be able to handle the aftermath." When directly asked about his views on Bitcoin, Peterffy admitted that he feels "afraid" of it, adding, "Bitcoin can rise to any price because it is essentially just an imaginary thing; it has no intrinsic value." $BTC