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Reblogged by slightlyoff@toot.cafe ("Alex Russell"):

molly0xfff@hachyderm.io ("Molly White") wrote:

My article for The Guardian just dropped.

"With no changes to how the industry operates and no watchdogs to check the abuse and greed that have defined it over its now-15 years of existence, we are doomed to see history repeat itself. More Bankman-Frieds will emerge to take his place, drawn by the promise of easy money and the low likelihood of consequences."

https://www.theguardian.com/global/commentisfree/2024/mar/28/sam-bankman-fried-prison-crypto-regulation