US Government Wants to ‘Send a Message’ to Crypto With SBF’s Arrest, Says Former US Prosecutor

Mariotti said it is likely Bankman-Fried will be used as an example for why the digital asset industry needs more oversight. He said it is unlikely there will be any crypto-friendly regulation in the immediate future. Instead, he said, the industry may find itself facing “a lot of enforcement actions” in the short term, particularly from the Securities and Exchange Commission (SEC).