The UST debacle is likely going to be used to justify more regulation

I’m starting to think that wouldn’t be so bad, but I fear controls might be overbearing and restrict the growth of the market (lol, I know). I don’t want the crypto market to become like any other centralised system where manipulation is rampant but very often it feels like it’s manipulated anyway, just by different people, with the money going into someone else’s pocket.

What do you think? Will this be used to argue in favor of regulation? Do you think that would be justified, and would you yourself be in favor of more regulation?

I’m less resistant to regulation than I was, but fear what it might lead to