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FTX Effort to Save Itself Failed on Questionable Assets
First Read Hits & Takes John Lothian & JLN Staff Jay Clayton and Timothy Massad, former heads of the SEC and CFTC respectively, have written an op-ed to The Wall Street Journal titled "How to Start Regulating the Crypto Markets-Immediately." The subheadline is...
FTX Implosion Prompts Call by DOJ Arm for Independent Probe
First Read Hits & Takes John Lothian & JLN Staff The economist and New York Times columnist Paul Krugman has a piece titled "Blockchains, What Are They Good For?" It may be the obituary for blockchain, as Krugman outlines all the firms that have abandoned...
FTX Collapse Draws Senate Hearing Scrutiny as Crypto Oversight in Focus
First Read Hits & Takes John Lothian & JLN Staff If you have not watched Options Discovery with Alex Teng of JLN, you are missing something. This young man, a finance major in his senior year at the University of Illinois at Chicago, is really coming into his...
FTX’s Collapse Validates Gary Gensler’s Crypto Skepticism
First Read Hits & Takes John Lothian & JLN Staff It is a good day and a bad day for the SEC's Gary Gensler. On the one hand, he is being lauded by Bloomberg for his crypto skepticism in the light of the FTX black hole. On the other hand, Virtu decided it can't...
