Former US Treasury Secretary Lawrence H. Summers Discusses the Collapse of Sam Bankman-Fried’s FTX.com Crypto Empire
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13 views • November 16, 2022

https://gnews.org/articles/522254

Summary:11/11/2022 Former US Treasury Secretary Lawrence H. Summers thinks that the regulatory community ought to draw two lessons from the collapse of Sam Bankman-Fried’s FTX.com crypto empire. First, we should have a few more forensic accountants. Second, everyone who has anything to do with finance in a position of responsibility has to be isolated from the company business and system for a week or two continuously each year.

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