[dadoge]

Yes, the FTXs and people who use them will suffer, sadly

More regulation is needed

The same happened before FDIC insured banks, fake banks that would “hold your paper cash safely”

[anonymouskimmer]

If crypto is going to be regulated all fees need to come out of taxes from crypto earnings. Otherwise it isn't paying its way. And since it isn't creating general goods for the broader market, the taxes of the broader market shouldn't be expected to cover it.