How FTX’s Sister Firm Brought the Crypto Exchange Down

NY Times – In a feature story about FTX Healthy Markets President & CEO Tyler Gellasch was featured and said: “The lack of transparency and regulation of Mr. Bankman-Fried’s businesses should have been a bright red flag early on. This catastrophe with FTX was enabled by two things: It was crypto, and it wasn’t public in any fashion, Mr. Gellasch said. It wasn’t a public company, so there were no robust disclosures. They were able to raise billions without public disclosure and without serious accountability.” (Full Story).

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