If true, I am not sure any words can adequately describe the governance of the funds held by FTX and the transferring of monies around the balance

Andy Watkin-Child
November 14, 2022
Cryptocurrency & Digital Assets, Governance & ESG

If true, I am not sure any words can adequately describe the governance of the funds held by FTX and the transferring of monies around the balance sheet, or off the balance sheet. The FTX bankruptcy is going to raise many questions.

The whole idea of crypto is distributed ledger, where funds should not be under the management of a single point of contact (or failure). Moving money between companies should not be able to take place should it?

#crypto #cryptocurrency

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If true, I am not sure any words can adequately describe the governance of the funds held by FTX and the transferring of monies around the balance

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