The FTX Collapse Says A Lot About Silicon Valley Corporate Governance

Brand name investors threw money at Sam Bankman-Fried without even looking at the balance sheet

ADC
Predict
Published in
4 min readNov 15, 2022

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Image Credit: Focal Project JP/Creative Commons

The FTX collapse is the apotheosis of everything wrong with the cryptocurrency industry and Silicon Valley’s lax attitude toward corporate governance.

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ADC
Predict

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