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| Name | 'Pretty Damning': BlockFi CEO Ignored FTX Warnings, Overruled Risk Team, Report Finds |
| Video Uploader | Video From Forbes Breaking News |
| Upload Date | This Video Uploaded At 14-07-2023 18:26:28 |
| Video Discription | A document filed late Thursday on behalf of former BlockFi customers, a crypto pseudo-bank that declared bankruptcy last year, suggests that CEO Zac Prince disregarded warnings from his own risk-management team regarding the firm’s excessive exposure to FTX and its FTT token, whose plunge in value last year brought down both companies. Forbes director of research for digital assets Steven Ehrlich joins Brittany Lewis to discuss. Read the full story on Forbes: https://www.forbes.com/sites/stevenehrlich/2023/07/14/blockfi-ceo-ignored-ftx-warnings-overruled-risk-team-report-finds/ Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com |
| Category | News & Politics |
| Tags | News & Politics Download MP4 | News & Politics Download MP3 | News & Politics Download MP4 360p | News & Politics Download MP4 480p | News & Politics Download MP4 720p | News & Politics Download MP4 1080p |
