FTX Exec Warned Regulators of Possible Misuse of Funds

FTX Exec Warned Regulators of Possible Misuse of Funds

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the court filings related to FTX, revealing that Ryan Salami, a former executive, alerted Bahamian authorities about fund misuse before FTX's collapse. Internal documents show code by Nishad Singh to hide liabilities. The US Senate debates whether FTX's case is an industry issue or a lone bad actor, with differing views on regulation.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the internal documentation reviewed by Bloomberg?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What differing perspectives were presented during the Senate hearing regarding FTX's collapse?

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