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

The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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

The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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