Regarding what could be next for Sam Bankman-Fried and his team, the firm would “shift focus to the US market, where they have been spending disproportionate time in the last few months,” Bernstein analyst Gautam Chhugani said in a note to clients. “However, they lose the cash machine of the FTX international exchange, which was enabling investments in the US entity,” Chhugani wrote, adding that a regulatory presence would also lessen.
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