What changed
BitGo CEO Mike Belshe warned that Clarity's failure left systemic risks arising from one firm holding exchange, brokerage, and custody functions BitGo CEO says Clarity’s failure left capital markets exposed to risk potentially worse than Lehman
Why it matters
Exchange operations around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is bitGo CEO Mike Belshe warned that Clarity's failure left systemic risks arising from one firm holding exchange, brokerage, and custody functions
Trading lens
Use this as defensive context from theblock.co. Watch whether bitGo CEO says Clarity’s failure left capital markets exposed to risk potentially worse than Lehman confirms momentum, invalidates active bias, or changes timing.