The Defi Red Notice
Too Long; Didn't Read
DeFi is an innovative technology that provides easy and efficient access to financial markets and instruments via permissionless blockchain technology. A government crackdown on the founders of Terra and Tornado Cash has resounding implications for DeFi and signals a paradigm shift with a sense of urgency. We can infer that regulation might not be so far off, and crypto isn't decentralized as people would no longer be forced to operate as they operate due to their due diligence.