> It's unregulated, so there are fewer safeguards against fraud I work in traditional finance and this imo is a major reason why - the GP is right in that noth

> It's unregulated, so there are fewer safeguards against fraud I work in traditional finance and this imo is a major reason why - the GP is right in that nothing about the fraud was crypto related. But today you could never run an equities brokerage with such absurd lack of anything related to operational competence and customer protections.