Sam Bankman-Fried urges crypto investors to put their money in exchanges that don’t do business like FTX
Sam Bankman-Fried said that crypto investors should look for “all the things I wish FTX had been able to supply” when depositing their funds. He called on exchanges to provide proof of reserves and regulatory reporting of assets and liabilities. FTX’s new chief executive John Ray III has slammed the group for its lack of corporate controls.
