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Crypto: The World�s Greatest Scam.In May , the TerraUSD and Luna stablecoins crashed, taking billions of dollars of investor equity with it. That crash led to a crisis of. Bitcoin mining boom could be disaster for green energy, warns expert. 'Crypto-mining is consuming energy on a level on par with everything. Leading cryptocurrency exchange FTX was once valued at $32 billion, but it collapsed in a matter of days in November Find out how it fell apart.