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Recommended Watch: FTX collapse ‘worse than Theranos, worse than Madoff,’ expert says (youtube.com)
#FTX #sambankmanfried #yahoofinance
John Reed Stark, lecturing fellow at Duke University Law School, and Neel Maitra, partner at Wilson Sonsini Goodrich & Rosati and former SEC senior special counsel, join Yahoo Finance Live anchor Akiko Fujita to discuss the blowup of crypto exchange FTX, ramifications for the entire industry, and the outlook for SEC enforcement and a regulatory crackdown on digital assets and exchanges.
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    Francisco Gimeno - BC Analyst It seems all these happenings including FXX debacle and opinions like "worse than Maddoff" are kind of food for those who always thought "crypto is for criminals". This podcast sounds too dramatic. Too "let's enforce regulators against criminals!" etc, and not to protect everybody in the crypto field. We need protection, of course, and FXX is not a small disaster, but regulations have to be a framework where everybody participates and is not imposed from outside. We need a crypto.2 where no grey areas remain, and can be used all over the world in a proper manner, not just as speculation, or volatile financial instruments.