What Will Stop the Next FTX Catastrophe? Better Compliance
The risks inherent in crypto markets is something that investors must accept. However, the information provided by crypto platforms empowers investors to better navigate those risks. When platforms withhold or falsify information on their operations, as FTX is charged with doing, it puts investors at an extreme disadvantage. Crises like those experienced by FTX can be expected when crypto exchanges fail to comply with regulations that require disclosure that is intended to aid investors.