Posted on Dec 14, 2022
GOP Spins Conspiracy Theories About Arrest of FTX Founder Sam Bankman-Fried: A Closer Look
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Responses: 2
dang, SGT (Join to see) good day Brother Charlie, always informational and of the most interesting. Thanks for sharing, have a blessed day!
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I want to highlight that what happened at FTX is a failure of accountability controls unlike anything we've ever seen. It's even worse than Enron. Expect the guy to face a very, very long prison term and for additional regulation revolving around the operations of crypto exchanges and the like. Keep in mind that what happened is not to be blamed on crypto itself, the blame falls solely on the total lack of financial checks and balances to include shareholder/consumer transparency that created the whole debacle.
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