). Moss believes that the recent FTX collapse has accelerated regulation, and he thinks that most cryptocurrency assets will be regulated as securities in the future. As an example, the recent U.S. Securities and Exchange Commission’s charges against FTX co-founder Sam Bankman-FriedTo furnish another specific example, a New Hampshire court alsoin the lawsuit against LBRY, and LBRY said the language used to sway the court’s decision “sets an extraordinarily dangerous precedent.
Moss said that it’s likely some crypto projects move offshore, but he stressed that he believes the money from U.S. investors won’t follow these projects. “Sure, the SEC clamps down and [cryptocurrencies] goes offshore … to some small jurisdiction,” Moss said to Makori. “But the American venture capital companies can’t skate past U.S. regulations to try to invest in these little obscure markets.
While Moss doesn’t expect another altcoin season or crypto bull run, he does believe the leading crypto asset bitcoin (
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