What next for crypto in the wake of the FTX scandal?

0
3
By Darren Parkin by Temple Melville, CEO of The Scotcoin Project Community Interest Company (CIC) Now that FTX has shown itself to be a mere scam, all eyes are turning to the main crypto markets once more, and what the future holds for them. The first thing, of course, is that regulation will now come to the crypto industry in double-quick time. It is worth comparing and contrasting the differences between FTX and Lehman Brothers, the bank that became synonymous with the 2008 financial crisis. Lehman was highly regulated, its officers were properly vetted and played by the rules – so much so t…