cryptonews
2023-05-16 14:43:00

Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy

A Bloomberg report has revealed that many crypto firms still follow some wrong approaches to their operations. The surveyed firms handle assets worth tens of billions of dollars daily but don’t work with external auditors and independent boards to ensure accountability and openness. The report noted that the collapse of the FTX exchange and its sister company Alameda Research hadn't discouraged many crypto firms from following their own rules. ... Read More: Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy

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