#Alan Greenspan blasts FTX downfall as ‘purely fraud’
“Alan Greenspan blasts FTX downfall as ‘purely fraud’” Former Federal Reserve Chairman Alan Greenspan dismissed arguments that FTX’s collapse was the result of simple negligence or bad bookkeeping this week, referring to the cryptocurrency site’s downfall as “purely fraud.” Greenspan’s remarks cut against the main defense offered so far by disgraced FTX founder Sam Bankman-Fried,…