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Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTX parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing.
ALSO: Shaurya Malwa considers the widening fallout from FTX, now including Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?
The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions.
ALSO: Sam Reynolds considers the advantages of licensed custodians as the crypto industry wrestles with the fallout from crypto exchange FTX's implosion.
ALSO: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech notes may prove crucial.