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    BY KIM BELLARD Gosh, so much going on.  Elizabeth Holmes was finally sentenced.   FTX collapsed.  Big Tech is laying off workers at unprecedented rates, except TikTok, which should, indeed, be cautionary.  Elon Musk’s master plan for Twitter remains opaque to most of us. Americans remain contentedly unworried about the looming COVID wave.  With all…

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    It was all an $8bn accident. Or so says Sam Bankman-Fried. As FTX, the crypto business led by the 30-year-old, quickly collapsed at the end of last week, many of its employees fled the Bahamas, the Caribbean country where the company was based. Some simply abandoned their cars at the airport.

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    Let crypto burn - 1 year(s) ago

    Stephen Cecchetti is the Rosen Family chair in international finance at Brandeis International Business School. Kim Schoenholtz is clinical professor emeritus at NYU’s Stern School of Business. In the aftermath of the collapse of FTX, authorities should resist the urge to create a parallel legal and regulatory framework for the crypto industry.

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    • Let #crypto burn? https://t.co/2hQ4WrHcl4 #FTX #Cryptocurency