As the Crypto space heats up and seems to be entering into a new bull market, it seems to me as though, through much research and months of keeping up with the SBF/FTX tribulations, the SEC is trying their hardest to get in bed with FTX and it makes perfect sense. Why wouldn't the SEC want to give FTX, one of the then-largest Crypto exchanges available to the worldwide public, a second chance? It is a known fact they have FTX & Co. by the balls. This post could be absolute shit, and I am willing to admit that. However, if FTX does indeed receive its revival, what stipulations will this come by? FTX gets revived/rebranded, and newbies flock under the tight leash of the Govt? Govt now has a hand in a major exchange? Please feel free to provide your thoughts. I intend to educate and be educated and participate in a safe Crypto renaissance.
I feel like a trustee managed one could be decent, wouldn't sound all that bad. Why? Because well in the end this company owned a lot of companies and even though they failed and bankrupted, if they could be allowed to continue, by people who are actually trying to profit and not steal, then they would be able to grow this bigger. Think about it, all these big corporations getting together, hundreds of workers all together, building something that could benefit the investor should result with something good. Doesn't mean that it will, it just means that it should, and that's an important thing.
I understand that life is not always all that simple, and sometimes it may result with something that is a little bit different, but we could potentially see this happening and we should be careful about it. I personally believe that there is a potential here, and even if they fail, then it is already failed anyway so what harm could this failure do to it that it hasn't faced already.
