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Yes, that's the selling point of crypto. This is not about crypto however, which continues to work perfectly fine, this is about an exchange. Nobody would be o
by cypress66 4y ago
Yes, that's the selling point of crypto. This is not about crypto however, which continues to work perfectly fine, this is about an exchange.
Nobody would be opposed to have these companies audited. In fact people have been asked for tether and so on to be audited for ages.
The problem is anytime regulations are mentioned, they are about hurting the user, and not preventing things like FTX from happening.
I'm talking of things like the bill SBF himself proposed, which aimed to fuck defi (actual crypto, where you can't steal people's money like FTX did), to force people into these centralized exchanges where you don't actually own or hold any crypto.