Although Tezos co-founder Kathleen Breitman lived outside the U.S. for most of the past five years, she said it’s clear that a lot of doors in D.C. have closed.

“He was vaunted as this figure who was like a serious person, whereas everyone else in the industry is painted as some sort of whack job loony tune,” she said of former FTX CEO Bankman-Fried. “It was kind of beneficial that there was at least one person who was seemingly credible in the eyes of people who do have the ears of lawmakers and people who incorporate policy. Yeah, a lot of that goodwill is gone now.”