Nouriel Roubini has called the cryptocurrency ecosystem corrupt and has asked who will bail out Binance
Dr. Doom has also taken a swing at the Proof of Reserve concept. Meanwhile, BTC has seen a drop of 70% in the past 1 year.
The Crypto market has seen much criticism since Bitcoin’s inception. One of these famous crypto critics is Nouriel Roubini. Nouriel Roubini is one of the world-renowned experts on asset and credit bubbles. He made a name for himself in the financial meltdown in 2007-2008. In a conference in front of students, he predicted the housing market bust and submitted his findings to the IMF in the same year.

Source: Housing market by Census:HUD
Roubini has been a long-term critic of cryptocurrency. He has even said that Crypto should not be called currency. He has appeared on various talk shows and interviews and criticized the crypto ecosystem. Recently, at a discussion forum, he called the crypto ecosystem Concealed, Corrupt, Crooks, Criminals, Con-men Carnival Bark

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