
This Week in Crypto: SEC Investigates Yuga Labs, What's Happening in China
Bloomberg Crypto
00:00
Is the Crypto Industry Adapting to Market Forces or Regulators?
Philip Rizzuto: There seems to be very much a, oh, we got hacked. Oh, you lost your money. We're not even sorry at times. Do banks normally get hacked? Or are they down for more than a minute? And do you see sort of the crypto evolving more towards that environment? Does regulators come in just to bring everything together? Hacks, regulators, everything we spoke about? I mean, it's an existential question.
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