Regulators brace for FTX fallout
FTX's now ex-CEO Sam Bankman-Fried's reaction on Twitter following the collapse of FTX several days earlier.
The fall of FTX – the world’s second-biggest crypto exchange and the second major crypto collapse of 2022 – will “embolden” supporters of a more restrictive crypto regulatory regime, practitioners say, while the US Commodity Futures Trading Commission has come in for criticism over its supervision of the company.
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