# FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner

# FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner

” FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner “ Amid ongoing investigations around the defunct crypto exchange FTX, the Commodity Futures Trading Commission (CFTC) questions the due diligence conducted by institutional investors and their accountability regarding the loss of users’ funds. CFTC Commissioner Christy Goldsmith Romero stated that VCs that…

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# Crypto Biz: SBF’s newest Excel spreadsheet reveals all

# Crypto Biz: SBF’s newest Excel spreadsheet reveals all

” Crypto Biz: SBF’s newest Excel spreadsheet reveals all “ Large enterprise businesses spend tons of money keeping track of their financial dealings — think accountants, financial analysts, consultants and enterprise-grade accounting software. Sam Bankman-Fried, meanwhile, used Microsoft Excel.  On Jan. 17, in another sloppy Excel spreadsheet, SBF revealed that FTX US was solvent. The…

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# FTX bankruptcy lawyer: debtors face ‘assault by Twitter’ stemming from Sam Bankman-Fried

# FTX bankruptcy lawyer: debtors face ‘assault by Twitter’ stemming from Sam Bankman-Fried

” FTX bankruptcy lawyer: debtors face ‘assault by Twitter’ stemming from Sam Bankman-Fried “ James Bromley, one of the lawyers representing debtors in FTX’s bankruptcy case, has criticized social media activity against his law firm promulgated by posts from former CEO Sam Bankman-Fried. In a Jan. 20 hearing in the District of Delaware, lawyers spoke…

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# FTX-linked Moonstone bank to exit the crypto space

# FTX-linked Moonstone bank to exit the crypto space

” FTX-linked Moonstone bank to exit the crypto space “ Moonstone Bank, a rural Washington state bank that received an estimated $11.5 million investment from FTX’s sister company, Alameda Research, says that it will be exiting the crypto space and returning to its “original mission” as a community bank.  In a Jan. 18 statement, the bank…

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