
Benzinga
Caitlin Long, CEO of Custodia Bank, said, “99% of the industry needs to burn to the ground,” during the latest episode of “The Raz Report.” This powerful statement encapsulates Long’s perspective on the current state of the cryptocurrency industry, drawing parallels with the tech stock bubble of 1999. During the interview with Benzinga CEO Jason Raznick, Long shared her insights, saying, “I was talking with somebody else who got into Bitcoin (CRYPTO: BTC)quite earlier than I did. We were debating whether 90% or 99% of the industry, even still, needs to burn to the ground. There’s a lot of crap…