BlackRock's Fink says crypto technology still relevant despite FTX

BlackRock Inc Chief Executive Larry Fink said on Wednesday that there appear to have been “misbehaviors” by the now-bankrupt FTX crypto exchange, but that the technology behind crypto is relevant for the future.

“We’re going to have to wait to see how this all plays out (with FTX),” Fink said. “I mean, right now we can make all the judgment calls and it looks like there were misbehaviors of major consequences.”