I'm so glad the US government is focused on investor safety by spending their time taking down Tornado Cash rather than corrupt exchanges like FTX

"I'm really glad that the regulators sanctioned Tornado Cash, cozied up to SBF and focused on killing DeFi instead of putting in guardrails to potentially prevent the FTX collapse. I feel very protected as an investor right now.

I'm sure the Feds will make the right regulation decisions as time goes on

/s

I'm truly disgusted by how the government / people are treating this FTX scandal. First, SBF was given a standing ovation when he talked with the New York Times reporter (which btw is a shit completely politically slanted publication now). Then you have the U.S. House Committee on Financial Services chair, Maxine Walters, telling SBF how much they appreciate SBF's willingness to talk and basically praising him. You also have SBF liking tweets on Twitter making fun of the whole situation and how people lost their money.

SBF should be in a god damned cell right now along with his cronies. Not being given standing ovations or able to still tweet from some luxury home in the Bahamas.

The US government, other governments, and these other news agencies should be ashamed of how they handled this situation. They have no understanding of cryptocurrency or what FTX even is and it shows.

And to top it off, their going to use this as an excuse to outlaw DeFi, which never failed, while continuing to allow corrupt exchanges/projects to thrive so long as they are getting their pockets lined.