Crypto Traders Are Ready to Move Past Sam Bankman-Fried and FTX

In fact, as former CoinDesker Michael McSweeney wrote in a current Blockworks op-ed, the trade will possible be irrevocably modified by SBF. In the identical method that the collapse of Mt. Gox accelerated the formation of rules world wide (specifically in Japan, the place Mt. Gox was primarily based, and in New York State with the BitLicense), legislatures have mobilized to cross legal guidelines to forestall the subsequent FTX.