I'm going to bring up the operative question:<br><br>Forget the fact crypto is a hot mess as it is, that FTX was deep into politics as evidenced...Doesn't this whole mess make it more clear that regulations are <b>required</b> in the crypto space?  (Even further, lobbying needs heavier regulation than it already does?)<br><br>I'm not about to go full conspiracy when there is a clear question still not answered.,(reply>), @Sean Carroll &lt;&lt;ʟᴇᴛ'ꜱ ᴛᴀʟᴋ👆☑️,(reply>), In the beginning it was about p2p payments, trustless and censorship resistance network, and self-custody, but somewhere along the way it became finance 2.0, dog coins and moon shots.<br>"Crypto" is poluted and needs an aenema, not more regulation, it won't do any good.,(reply>), @toomanyaccounts <br>Granted, but how does the old anagram go?  'CYA'<br><br>The Wild West eventually got tamed; crypto is the new Wild West.  Banking has the FDIC for these situations.  Stocks has the SEC always poking its nose when something stinks.  It's about time for crypto to stop and smell the coffee.  It's coming.,(reply>), this crypto exchange said it wasn't going to use customer funds. they did it. even if regulated the company would have been doing illegal things. the regulation was a smokescreen. crypto is corrupt at its core. no regulation is going to get rid of the inherent corruption