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Move Fast and Break Everything: Crypto and the Democrats

How the Democrats brought crypto back from the dead after the FTX collapse and how weak oversight harms consumers and produces systemic risk.

Yves here. This important piece does not merely document why and how Democrats, who had formerly been crypto opponents or at least ambivalent, joined the Republicans as backers after the FTX meltdown. It also explains why crypto payments systems are … [20234 chars]

Source: Naked Capitalism | Published: 2026-01-14T14:55:02Z

Credit: Naked Capitalism

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