Posts tagged "ftx collapse"

Sam Bankman-Fried, the enigmatic, eccentric and empathy-challenged steward of crypto exchange FTX and sister fund Alameda Research is currently on trial for securities fraud.

 SmartCompany looks back at some 2022 predictions made one year ago. What did we get right, and what did we get wrong?

Stock exchanges are both highly regulated and help regulate share trading. Cryptocurrency exchanges, on the other hand, are virtually unregulated and serve no regulatory function.

There are few fraud victims while markets are green, but during a global economic downturn, misdeeds and subterfuge rise to the surface.

CEOs in general have been shown to have very low credibility, but that doesn’t mean their words won’t have dramatic consequences.

CEOs and politicians 'taking responsibility' for their errors is especially masterful as it never involves taking any actual responsibility.