It's wild that 99% of the "point" of crypto and a Bahamas-based exchange was to avoid all the laws around securities trading, banking, money transferring (anti-money laundering, taxes, etc), etc and yet when things go south, people still expect the government to come in and enforce a tiny subset of the financial laws they've otherwise been operating outside of.
This is a weird form of "privatize the profits, socialize the losses" but with the benefactors being the people intentionally avoiding all the financial laws.
This is a weird form of "privatize the profits, socialize the losses" but with the benefactors being the people intentionally avoiding all the financial laws.