Bitwise Industries was supposed to change the world; its founders lost the plot

So many of these companies - FTX, Theranos, Ozy Media to name a few — promise the world and count on quirky charisma to counter incompetence and a woeful lack of integrity.

Editors Note: This is a guest article from Teri Buhl, a veteran investigative journalist I have known a very long time who has reported for major newspapers to independent online news publications. Teri has covered the world of high and low finance around the world. She earned her breaking news chops reporting during the financial crisis in 2008 for the…