In fact, as former CoinDesker Michael McSweeney wrote in a latest Blockworks op-ed, the trade will seemingly be irrevocably modified by SBF. In the identical manner that the collapse of Mt. Gox accelerated the formation of rules around the globe (specifically in Japan, the place Mt. Gox was primarily based, and in New York State with the BitLicense), legislatures have mobilized to move legal guidelines to stop the following FTX.
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