FTX isn’t DeFi. I think you’re conflating centralized entities building on top of crypto (which should be regulated the same way banks are due to multiple histo

FTX isn’t DeFi. I think you’re conflating centralized entities building on top of crypto (which should be regulated the same way banks are due to multiple historical crisis created by shady banking) and DeFi which are much more transparent in how they operate (by design)