Early Solana proponent Armani Ferrante says FTX and Alameda are his guiding light for what not to do with Backpack Exchange.
Former Alameda Research employee turned crypto exchange founder Armani Ferrante knows firsthand that Eminems lyrics “you only get one shot, do not miss your chance to blow” couldnt be more true in crypto.
When you see Elon Musk standing next to his rocket, then it collapses and crashes, he feels bad about it. He loses a lot of money. Its horrible, but he gets to try again when the rocket crashes, Ferrante tells Hall of Flame.
If an exchange collapses, you dont get to try again; it is game over, the 32-year-old US-born, Tokyo-based entrepreneur declares.
