How are VCs response to the collapse of several crypto companies?

Crypto lender Celsius pays off all its dues to Decentralised Finance investors but leaves over 1 million retail investors hanging dry. It becomes third major crypto firm in two weeks to file bankruptcy. In the light of a situation like this, were the governments right to express caution and be wary of cryptocurrencies? Charles Tan, Chief Marketing Officer, Atato and Sharat Chandra, Crypto Markets Commentator share their views with #BusinessTodayTV.