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Regulatory Crackdown in Wake of FTX Scandal Would Erode Liberties Without Addressing Demand for New Currencies: Experts

Regulatory Crackdown in Wake of FTX Scandal Would Erode Liberties Without Addressing Demand for New Currencies: Experts
A detailed view of the FTX sign prior to a game between the Phoenix Suns and Miami Heat at FTX Arena in Miami, Fla., on Nov. 14, 2022. Megan Briggs/Getty Images
Michael Washburn
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News Analysis

The collapse of cryptocurrency exchange FTX, and the worldwide outcry over the billions of dollars wiped off the platform, are likely to trigger a massive regulatory reaction that would further erode citizens’ economic freedoms without addressing the issues that fostered demand for an alternative to the fiat dollar, economists have told The Epoch Times.

Michael Washburn
Michael Washburn
Reporter
Michael Washburn is a New York-based reporter who covers U.S. and China-related topics for The Epoch Times. He has a background in legal and financial journalism, and also writes about arts and culture. Additionally, he is the host of the weekly podcast Reading the Globe. His books include “The Uprooted and Other Stories,” “When We're Grownups,” and “Stranger, Stranger.”
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