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The "laws and regulations of traditional finance" also protect them if things "go their way". They're not trying to "have it both ways", the law protects everyo
by QuantumGood 4y ago
The "laws and regulations of traditional finance" also protect them if things "go their way". They're not trying to "have it both ways", the law protects everyone in all scenarios.
- glerk 4y agoIn practice, the law would protect them if they were the owners of the exchange. But here the "exchange" is just a public piece of code that all participants agree to interact with. I can't even begin to imagine the legal hoops they would have to go through to run a centralized regulated exchange.