This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
11/20/2022
Legal crypto expert on FTX: 'This really is a fraud first'
Yahoo Money
With calls to regulate crypto in the wake of FTX’s meltdown increasing, one legal expert says those demands are misplaced.
“When it just comes to regulation of the space in general, I know a lot of people are calling for it,” Cathy Yoon, chief legal officer at MPCH, told Yahoo Finance Live (video above). “They want immediate action, but I think at the heart of things we really have to remember this really is a fraud first, and not necessarily something that touches all of the crypto space in general.”
Yoon’s comments come as court filings made by Bahamas liquidators late Wednesday said there are signs that “serious fraud and mismanagement” occurred at FTX.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information