letter

SEC Sends Letter to Firms Requesting Updated Information Amid 'Wide Disruption' in Crypto Markets

SEC Sends Letter to Firms Requesting Updated Information Amid ‘Wide Disruption’ in Crypto Markets

The Securities and Exchange Commission sends a letter to US public companies asking companies to assess their disclosure obligations, including “tailored specific disclosure”, on how the recent crypto bankruptcies and broader financial difficulties in the market digital assets may have affected their business. The letter is intended to illustrate the type of comments the securities …

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Here's the apology letter Sam Bankman-Fried sent to FTX employees: "When shitty things happen to us, we all tend to make irrational decisions"

Here’s the apology letter Sam Bankman-Fried sent to FTX employees: “When shitty things happen to us, we all tend to make irrational decisions”

Sam Bankman-Fried, co-founder and CEO of FTX, in Hong Kong, China on Tuesday, May 11, 2021. Lam Yık | Bloomberg | Getty Images Former FTX CEO Sam Bankman-Fried blamed his “irrational decisions” on “sh—y” circumstances in a letter obtained by CNBC that was sent to employees of the bankrupt crypto exchange. Bankman-Fried said he “frozen …

Here’s the apology letter Sam Bankman-Fried sent to FTX employees: “When shitty things happen to us, we all tend to make irrational decisions” Read More »