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