FTX is exactly because of it being unregulated or where there was regulation -- it being absolutely inadequate and ineffective. Any sane regulator would not al

FTX is exactly because of it being unregulated or where there was regulation -- it being absolutely inadequate and ineffective. Any sane regulator would not allow the shit happening that happened in FTX. This is not a company making bad business decisions. This is company making bad criminal decisions with the money they did not own and were not free to do what they pleased and creating impression of value in a fraudulent way.