Beware the Regulatory Storm over FTX

Source: Free Association
by Sheldon Richman

“The bankruptcy of the cryptocurrency exchange FTX and the alleged fraud by co-founder Sam Bankman-Fried, which has cost customers millions, is tailor-made for anyone who already wants the power of government to expand, especially in the area of financial privacy. For that reason I think it would be useful to take a 30,000-foot view of the matter. I offer these considerations as someone with no more than a layman’s knowledge of the cryptocurrency phenomenon.” (11/18/22)

https://sheldonfreeassociation.blogspot.com/2022/11/tgif-beware-regulatory-storm-over-ftx.html