Meanwhile, the inferno of FTX and some of the other crypto misdeeds are “confirming some of people’s darkest concerns about crypto and blockchain,” he said, which further hinders the legislative process. However, he said it’s “not a capital offense” for the industry, and the current drama shouldn’t be terminal, because FTX was about people taking and misusing money, not failings in the technology.
Source: https://www.coindesk.com/policy/2023/02/10/are-the-remaining-crypto-giants-staring-down-the-barrel-of-the-us-governments-gun/?utm_medium=referral&utm_source=rss&utm_campaign=headlines