What is Worse? 1) Luna Collapse? 2) FTX Collapse? 3) SEC Ramping Up Their Efforts to Cripple Crypto Securities* and Exchanges?

What is Worse? 1) Luna Collapse? 2) FTX Collapse? 3) SEC Ramping Up Their Efforts to Cripple Crypto Securities* and Exchanges?

I mention these three crypto headlines because they are the most recent tragedies to befall our space, but each brought in a different kind of collapse.

Luna collapsed because its algorithmic stable coin UST broke. FTX collapsed because it falsified its liquidity, and quite frankly was a fraudulent CEX. And now we have the SEC targeting securities, and even more so the major exchanges.

So far history has been on the side of crypto and crypto has clawed its way back from the dead. Do you think - when all is said and done - this most recent catastrophe will be nothing more than a blip on the ever-evolving crypto radar?

submitted by /u/Spicoli007
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