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A comment on Crypto Exchange AAX Suspends Withdrawals. Parent comment

Re:Crypto Exchange AAX Suspends Withdrawals by memish on Monday November 14, 2022 @10:29AM (#33595396)
Right, if only they had been regulated and too big to fail, the taxpayers would get to bail them out and award SBF a multimillion dollar bonus. Like the bank execs in 2008 who caused a crisis despite a hundred years of regulation. Yes, what a tragedy we won't be bailing out FTX and others like them.
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Re:Crypto Exchange AAX Suspends Withdrawals by Apocryphon on Monday November 14, 2022 @11:26AM (#33596449)
Does regulation inevitably lead to too big to fail?
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Re:Crypto Exchange AAX Suspends Withdrawals by memish on Monday November 14, 2022 @11:51AM (#33596930)
That's a good question. I would hope it's not inevitable, but you would need a system that is vigilant about avoiding regulatory capture.
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