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In fact, as former CoinDesker Michael McSweeney wrote in a latest Blockworks op-ed, the business will probably be irrevocably modified by SBF. In the identical manner that the collapse of Mt. Gox accelerated the formation of rules all over the world (specifically in Japan, the place Mt. Gox was primarily based, and in New York State with the BitLicense), legislatures have mobilized to cross legal guidelines to forestall the subsequent FTX.
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