Crypto has a leadership problem: What can regulators do?
Crypto cons are frequent, and the sector’s loudest and most well-known leaders have faced substantial legal trouble in recent years.
You know the names:
- Sam Bankman-Fried, sentenced to 25 years
- Changpeng Zhao, released after four months
- Nader Al-Naji, arrested and (if convicted) faces a maximum sentence of 20 years in prison
- Arthur Hayes, six months of home confinement
- Do Kwon, arrested and could potentially face significant jail time
- Mark Karpeles, arrested in Japan over Mt. Gox legal trouble
- Alex Mashinsky, arrested in 2023 and is currently on trial
- Charlie Shrem, pleaded guilty in 2015 and served a year in prison
Crypto.news collected some commentary about whether the crypto industry has a serious leadership problem, or simply…