The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more. In this episode, we consider the recent collapse of the cryptocurrency trading platform FTX. We look at it from a variety of angles. Highlights include:

·       Where does FTX rate in terms of catastrophic business failures?

·       What were the internal control failures?

·       How much fraud was involved?

·       FTX is domiciled outside the US. What does that mean for the review process?

·       Will this lead to regulation over crypto?

 Resources

Matt Levine in Bloomberg on FTX’s balance sheet

Matt Kelly in Radical Compliance