Fintech

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时间:2010-12-5 17:23:32  作者:TV   来源:Investigations  查看:  评论:0
内容摘要:Writing on social media on Friday, Zelensky criticised Russia for

Writing on social media on Friday, Zelensky criticised Russia for

Investigators also found FTX was using QuickBooks, a popular accounting software designed for individuals and small businesses, to manage the money.John Ray III, a lawyer tasked with recovering funds from FTX for defrauded customers, told a bankruptcy court: "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here."

Chelsea halted by lightning, but beat Benfica to reach CWC quarterfinal

He later told a congressional hearing: "Nothing against QuickBooks. It's a very nice tool, just not for a multibillion-dollar company."A couple of months ago Bybit, the world's second largest cryptocurrency exchange by some estimates, was tricked out ofThe firm had been using Safe, a free digital storage software popular with individuals who want to store cryptocurrency on their own devices, as part of their business operations.

Chelsea halted by lightning, but beat Benfica to reach CWC quarterfinal

Following the theft, Bybit's chief executive said they "should have upgraded and moved away from Safe" earlier.One of the problems with cryptocurrency firms, says Prof Mark Button, who researches cybercrime, is they can grow very quickly, which means they don't always keep up with the accounting and security challenges of managing so much money.

Chelsea halted by lightning, but beat Benfica to reach CWC quarterfinal

"For me it illustrates that if we are going to be serious about cryptocurrencies in the future… there needs to be some kind of regulation."

In Tzoni's case, it might have been easier for him to get his cryptocurrency back or be compensated if there were laws stating what firms need to do if they are sent a coin they don't handle.“This is a field that has come along, and just because they're recording their crypto assets on a new accounting ledger, they [wrongly] say ‘we don't think we want to comply with the time-tested laws’,” says Mr Gensler.

He explains that rules that force companies that want to raise money from the public to “share certain information” with them have been in place to protect investors since the SEC was created.This was back in 1934, in the aftermath of the infamous Wall Street crash of 1929 that heralded the Great Depression.

“Crypto is just a small piece of the US and worldwide capital markets, but it can undermine trust that everyday investors have in the capital markets,” says Mr Gensler.While fans argue that crypto offers a fast, cheap and secure way to move funds, a survey by the US central bank, the Federal Reserve, found that the number of Americans using it has dropped

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