“FTX has shown our entire industry that accountability, diversification, transparency and prudent and active risk management protocols are an absolute necessity that shouldn’t be ignored,” Sean Ellul, co-founder of Web3 architecture firm Metaverse Architects and co-author of the proposal, told CoinDesk.
Related posts
-
Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO
The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments... -
FTX Provides Details On $16 Billion Distribution Timeline For Customers And Creditors
The long-awaited resolution for nearly $16 billion in funds owed to users and customers of the... -
Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
Wang immediately met with prosecutors after FTX’s collapse, making him one of two key cooperating witnesses...