Former head of cryptocurrency at Meta David Marcus alluded to US regulators’ laissez-faire oversight of FTX.
Worth pointing out: “When we announced Libra’s white paper on June 18th, 2019, I was subpoenaed to testify before the Senate and House within 24 hours. Meanwhile, FTX brazenly embezzled ~$10B from its customers Funding has led to a total collapse now.”