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FTX affair signals it’s time to get real about regulating the digital economy

Mobile phone screen showing crypto apps
Photo: Getty Images

OPINION: Some very familiar issues are emerging from the smoke created by tech hype and libertarian fantasy.

The sense that we have seen all this play out before grows stronger by the day as the implications of the spectacular collapse of crypto exchange FTX sink in. The digital age seems to follow a cycle in which grandiose claims about freedom and opportunity first create superstar disruptors and