Comment by kjs3

I thought that was the whole point: unregulated (or at least extremely minimally regulated, preferably in a jurisdiction that has a looooong history of looking the other way and in a perfect world with no extradition treaties), decentralized, anonymous financial systems. It doesn't surprise me in the least that these clowns were running across the high wire without a net using other peoples money. The fascinating part to me is that anyone didn't think this was the inevitable outcome. But then I spent an hour this morning with some banking industry blockchain folks spinning this as "well obviously this debacle is great because it finally will shake out the bad actors and leave just us good-guys taking crusty old banking into the glorious crypto future". Just like they've said about every debacle since Mt Gox.