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In crypto, the answer to "is this regulated" and "are there government auditors" is always "haha absolutely not". And they really like it that way. Sure, Sam B
by pavlov 3y ago
In crypto, the answer to "is this regulated" and "are there government auditors" is always "haha absolutely not".
And they really like it that way. Sure, Sam Bankman-Fried is in jail because he took $8 billion of funds that his company was supposed to be holding on customers' behalf. But see, that's actually positive for crypto, as it somehow in crypto-bro logic proves that everybody else is clean as a whistle. (Never mind that SBF was the #1 credible face of this industry only 14 months ago.)