LOL too, figures it was a crypto company buyer.
This is like the .com crash after 2000, when all those .com websites weren't making any money and share prices fell after going sky high on very little or no revenue. It was too early, and after time the good internet companies rose to the surface and tech had a multi-years boom.
I think crypto will recover, it's the classic shake out of all the bad actors and good companies will come to the surface. I don't see this as a crypto problem, more of bad individuals and bad companies that were in the crypto industry. The aftermath will be a better playing field imo.
Since 2010 the crypto/bitcoin market has had at least 4 crashes, and has always come back stronger.