> The issue was purely when the more centralized, corporate, venture capital backed players began to engage with and make efforts to centralize the system. Tha

> The issue was purely when the more centralized, corporate, venture capital backed players began to engage with and make efforts to centralize the system. That is not what happened with FTX aside from venture capitalists being involved. Centralized regulation is actually what prevented FTX from leaking into traditional markets and bringing them down as well.