The most popular cryptocurrency, Bitcoin, continues to be different from other coins and tokens now on the market.

According to Jack Mallers, the CEO of Strike, a business that enables consumers to purchase and sell Bitcoin, this cryptocurrency is different from others. During a recent interview with CNBC, he made reference to this.

When questioned whether his business has exposure to the cryptocurrency exchange in light of the most recent FTX 

"No, Sam Bankman-Fried (SBF) and FTX have nothing to do with Strike, myself, or Bitcoin in general. It is nothing less than a vile and ill-intentioned act, similar to the one that occurred a car down the street from my house. Additionally, it has nothing to do with Bitcoin. However, it's crucial to keep in mind that everyone is now beginning to understand that there is Bitcoin and then there is everything else.

Maller emphasised that other individuals have benefited from Bitcoin's creativity to create additional coins such as Orange Coin, Pink Coin, and FTX. Maller claims that the majority of these coins are utilised in criminal activity and have no connection to Bitcoin.

Maller continued, "We need to stop using blockchain technology to generate additional cryptocurrencies and use them to defraud people." He emphasised that the failure of FTX is a costly lesson that demonstrates the existence of Bitcoin and everything else. He stated:

"I don't find it surprising that FTX had no Bitcoin. Because you don't use Bitcoin if you want to commit fraud and crime.

Maller continued by saying that although if the fall of FTX had an impact on the entire cryptocurrency market, it was still a good thing. It is ideal that FTX gets removed from the cryptocurrency market in order to clear out the negative actors in the crypto ecosystem.

In the past 24 hours, Bitcoin has decreased by more than 1% and is now trading above the $16,500 level.