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Wolff calls for greater crypto regulation after FTX collapse

Article To news overview © XPBimages Mercedes Team Principal Toto Wolff has called for greater regulation of cryptocurrencies, following the bankruptcy of team sponsor FTX. The cryptocurrency exchange company had prominent branding on the Mercedes W13 and driver race suits, but the eight-time Constructors' Champions removed all FTX logos ahead of the Brazilian Grand Prix after FTX filed for bankruptcy on 11 November. Discussing the firm's collapse, Wolff expressed his disbelief and said the sector needed greater regulation to avoid such instances in future. "It's difficult, because we all know that crypto has relevance," Wolff told media, including RacingNews365.com. "I...
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