FTX Was Not Regulated: John Reed Stark

The video discusses the current state of the crypto market, highlighting the record-high value staked on Ethereum and the faith of key figures like Kathy Woods in crypto assets. John Reed Stark, a crypto skeptic, critiques the lack of regulation and security in the crypto space, emphasizing the risks and challenges posed by unregulated exchanges like FTX. The debate covers the functionality of crypto as a currency, the regulatory challenges, and the crime wave associated with crypto transactions. Stark argues for more stringent regulation and criticizes the SEC's efforts, calling for more aggressive actions from the DOJ.

What does John Reed suggest about the future of crypto transactions and IRS reporting?

In what ways does John Reed argue that crypto has contributed to a new crime wave?

What criticisms does John Reed have regarding the SEC's actions in the crypto space?