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
