What a joke- "I don't think that's who I am at all," Bankman-Fried said. "But I understand why they're saying that. People lost money. People lost a lot of money,"

The audicity to say:

"At the end of the day, it's not my call what happens, and the world will judge as it will," Bankman-Fried said during that interview."

He knew exactly the risk the company was taking and had absolutely zero remorse for the companies investors.

This is a power move if he acts ignorant and not prosecuted the the regulation of our crypto space will become full of blanket policies instead of holding individuals accountable for their actions.

"I didn't know exactly what was going on," Bankman-Fried said during his interview, which was livestreamed from the Bahamas. "I learned a lot of these things as they were going on."

Basically one bad fruit is spoiling the whole batch. The lack of prosecution against SBF will inevitably hinder the market and it's regulations for the whole of us.

"Nothing about the crypto markets is incompatible with the securities laws," Gensler said in prepared remarks to the Practicing Law Institute back in early September "Investor protection is just as relevant, regardless of underlying technologies," he said.

Here is an SEC official, the regulatory authority, basically prepping for ways to HeLp ThE iNvEsToRs... What a joke.

Earlier this week, Sen. Cynthia Lummis, R-Wyo., was quoted in the Financial Times as saying she hoped the collapse of FTX "highlighted with members of Congress who have not taken the time to learn more about this asset class, that it is time for them to learn more about it so we can engage in proper regulation."

I don't believe regulation will help our communities true purpose and will always tilt the scale in favor the aristocrats and those with power... Watch out this is all a power play...

Remember current legislation states crypto currencies are; digital assets, meaning they are considered digital items you own in the eyes of uncle Sam not a currency

Democratic Sen. Debbie Stabenow of Michigan, the chair of the Agriculture committee, who has teamed up with Republican Sen. John Boozman of Arkansas to promote a bill to regulate digital assets, acknowledges the difficulties of oversight.

She is the chair of the agricultural committee which have very deep roots and sometimes the elder in those committees like to oppress advanced technology out of fear and misunderstanding. The chair of the agricultural committee wants your crypto space heavily regulated... Let that sink in and find a connection...

At a Thursday Senate hearing, Commodity Futures Trading Commission Chairman Rostin Behnam said his agency didn't possess the authority to look into much of FTX's business, and said the CFTC didn't receive any indication that FTX was a simmering problem.

Who is this a problem for though?? Everything seems contradictory to the absolutely value of what blockchain and block interoperable technologies truly offer. Another attempt at power and control by regulating something to much hence reducing innovation and incentive to create new applications...

Disclaimer: I did not invest in FTX. This is truthful information that I am giving my opinion on. I'm an not shilling anything and am only speaking what I believe. Please let our community know your opinions also...

https://www.morningstar.com/news/marketwatch/20221203329/its-the-wild-west-in-crypto-does-anyone-want-to-be-sheriff