LIVE: Senate Banking hearing on the downfall of cryptocurrency exchange FTX — 12/14/22
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This is amusing, from former attorney of Bernie Madoff.
As he says, this is going to take a long time to unravel as there are multiple conspiracies, in the sense of many other parties needed to effect all the various scams.
Good to hear Professor Hilary J. Allen point some of the blame at venture capitalist firms! ;-)
So... how are junk bonds regulated?
The Democrats clearly just want to brush this entire thing under the rug.
Really? But this is necessary to press for regulations.
Corruption has no sides - what SBF called dark-money was the funding to Reps - so as to be fair with the crooked.
In Orwell's Burmese Days, the judge is known for his fairness because he openly accepts bribes from both sides so that he can then make a judgment on merit.