There Will Be No Lessons Learned From FTX

There Will Be No Lessons Learned From FTX

There Will Be No Lessons Learned From FTX PlatoAiStream Data Intelligence. Vertical Search. Ai.

So, we’re now in a less than ideal situation. Bad actors are undeterred by the lack of regulation, but good actors are. The result: Bad actors face far less competition. It’s not, thankfully, zero competition. There are quite a lot of good actors in this space, but due to absent regulatory clarity and standards even those players are having a hard time differentiating themselves from the bad guys. Every bad actor claims they’re audited, professionally run and take compliance seriously, and few end-users know enough to tell the truth from fiction.

Time Stamp:

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