In the meantime, the inferno of FTX and a number of the different crypto misdeeds are “confirming a few of individuals’s darkest issues about crypto and blockchain,” he mentioned, which additional hinders the legislative course of. Nevertheless, he mentioned it’s “not a capital offense” for the business, and the present drama shouldn’t be terminal, as a result of FTX was about individuals taking and misusing cash, not failings within the know-how.
