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cryptonews

2022-11-13 10:53:00

Former US Treasury Compares FTX Collapse to Infamous Enron Fraud – Crypto Regulation Incoming?

Former US Treasury Compares FTX Collapse to Infamous Enron Fraud – Crypto Regulation Incoming?

Former Treasury Secretary Larry Summers has compared the sudden fall of cryptocurrency exchange FTX to energy trader Enron's scandal in the early 2000s. In a "Wall Street Week" interview with Bloomberg, he said that while "a lot of" people have compared this to Lehman, he believes it is more similar to Enron's scandal. ... Read More: Former US Treasury Compares FTX Collapse to Infamous Enron Fraud – Crypto Regulation Incoming?

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