Jake Chervinsky (@jchervinsky) 's Twitter Profile
Jake Chervinsky

@jchervinsky

Lawyer, but not yours. CLO @variantfund. Board @blockchainassn + @fund_defi. Ex @compoundfinance. Posts are not legal or financial advice.

ID: 47003920

calendar_today14-06-2009 01:21:58

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FTX's failure doesn't justify a rush to regulate in the US. FTX is a non-US exchange based in the Bahamas. By design, it didn't have any US customers so that it wouldn't be subject to US jurisdiction. There is no law Congress can pass to prevent the failure of an offshore firm.