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FTX Collapse: Accountability and Transparency
This chapter explores the investigative failures and regulatory challenges surrounding the collapse of FTX, contrasting the roles of various cryptocurrency leaders and regulatory bodies. It discusses the importance of blockchain transparency in preventing such crises and critiques traditional regulatory methods while emphasizing the need for decentralized financial solutions. The conversation also touches on the implications of centralized stablecoins and the ripple effects within the crypto industry following FTX's reckless management of customer assets.