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Has Crypto Bottomed? David Duong, Dan Gunsberg, Mark Yusko

The Wolf Of All Streets

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Is Governance by Enforcement Bad?

Under the former chairman's leadership, Jay Clayton, that organization was consistent, measured, and prudent. The problem with the current leadership at that organization, I will argue, governance by enforcement, bad. If you don't lay out the rule for people to follow, and then you come back and say, oh, you broke that rule, which is what they did to BlockFi. And thankfully stood up. BlockFi tried to stand up, but they got some also bad advice to just pay the ransom and, you know, put them in a tough position.

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