Synthetix Founder Kain Warwick Says US Courts Will Sort Out Crypto Regulation Battles – Here’s Why - The Daily Hodl

• Synthetix (SNX) founder Kain Warwick believes that decentralized finance (DeFi) projects cannot avoid regulatory risk in the US.
• Warwick founded Infinex, a decentralized perpetual exchange that uses Synthetix for liquidity, but acknowledges the regulatory risk associated with the project.
• He argues that US regulators are ignoring the benefits of transparent and open infrastructure in financial markets.
• Warwick believes that US regulatory agencies have lost sight of their mandate and that the courts will have to resolve the situation.
• He highlights that DeFi increases market transparency and efficiency, and should be given an opportunity to prove itself.
• Warwick built Infinex to address an inefficiency in the Synthetix ecosystem and emphasizes the disruptive power of DeFi in traditional finance.

The sentiment of the article is mostly negative towards US regulators, highlighting their ignorance of the benefits of DeFi and their failure to fulfill their mandate.