LONDON, Nov 17 (Reuters Breakingviews) – Tighter cryptocurrency regulation is inevitable following the collapse of exchange FTX. Even so, there will still be places that the rules don’t touch. Big players like Binance, as well as services based on so-called decentralized finance, may remain out of reach. This ensures that the fancier aspects of crypto live on.
Sam Bankman-Fried’s now-bankrupt company transferred $10 billion in client funds to help offset losses at its sister hedge fund.