Tuesday, November 15, 2022

FTX Founder Sam Bankman-Fried Says He Failed to See Warnings Signs That Led to Firm's Collapse

FTX founder and former CEO Sam Bankman-Fried stated in an interview on Monday that he failed to see the warning signs ahead of the collapse of one of the largest crypto exchanges in the world. After it declared bankruptcy last week, the firm is said to be facing probes from the US Justice Department, the SEC, and the CFTC, into how the exchange handled customer funds.

from Gadgets 360

No comments:

Post a Comment

Xiaomi Mix Flip 2 Confirmed to Launch Later This Month With Leica-Branded Cameras

Xiaomi has started teasing the Xiaomi Mix Flip 2 in China and the foldable is confirmed to debut later this month. The upcoming clamshell fo...