> The most shocking part of this story is the number of former US officials who are now working for Binance You realize this is how the SEC and various regulat

> The most shocking part of this story is the number of former US officials who are now working for Binance You realize this is how the SEC and various regulatory entities end up working? I wouldn't say its shocking. The people are commonly on one side (regulation) or the other (private sector) without any type of "layover" or time out in between. I think FTX was attempting to hire someone from the CFTC (regulatory body over crypto) as part of their team. I would love politicians to write up an Anti-Corruption Act with some sensible rules around these types of things to at least put some distance between jobs and counter balances around corruption/collusion. Penalties should be in the range of can't work in that industry anymore to federal prison time. The other idea I'd like to see traction on is implementing term limits in Congress. I don't have a lot of hope that either will happen in my lifetime.