One example of laws is insider trading. If you ran Bitcoin exchange, there is nothing preventing owners to exploit information that only they have. It's huge bl

One example of laws is insider trading. If you ran Bitcoin exchange, there is nothing preventing owners to exploit information that only they have. It's huge blind spot. In reality, however, you don't need elaborate specific regulations. Most fraud prevention laws appears to be specific on surface but they always have one subjective caveat that if company knowingly acted in bad faith, the executives could be on trial. So once a law is enacted saying X is regulated, it just means that enforcement authorities can come after you even if there is a wide spread suspicion of fraud. Then its just matter of invading company's internal documents, emails, databases to find that it acted in some bad faith and broke some law. Outcomes in top cases is typically dectated by public anger, events like proximity of next elections and lobby politics. Law is usually flexible enough to achieve that outcome.