Crypto Billionaires Tempt Antitrust Fate
FTX’s Sam Bankman-Fried goes eye-to-eye with regulators
Photographer: Stefani Reynolds/BloombergWelcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. If someone forwarded this to you, sign up here. In today’s edition, Emily Nicolle takes a look at the regulation of Big Crypto — or the lack thereof:
In any other industry, a powerful player snapping up several companies in a matter of weeks would warrant at least a tap on the shoulder from regulators. But in the Wild West of crypto, some billionaires appear to be doing just that without scrutiny. Are they tempting fate?