Washington Report: FTX's Sam Bankman-Fried’s Guilty Verdict & Broader Implications for Crypto Regulation

Your Way Home with Hongbin Jeong · Nov 6, 2023 · 8m

FTX founder Sam Bankman-Fried has been found guilty of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record. The verdict came just shy of one year after FTX filed for bankruptcy. How will the verdict impact crypto markets going ahead? What more can be done in terms of regulation so that crypto investors in the US will be protected from future fraud? Antonio Fatás, Professor of Economics, INSEAD explains. We also take a look at the state of the US economy, and how that might affect the outcome of the 2024 presidential election, as…