4 ms·
It really shouldn't be surprising that FTX is worse than Enron. Sure, Enron was run by crooks, but they were adults operating in a highly regulated industry. I'
by bmm6o 4y ago
It really shouldn't be surprising that FTX is worse than Enron. Sure, Enron was run by crooks, but they were adults operating in a highly regulated industry. I've seen kids run a lemonade stand with better bookkeeping than FTX.
- bena 4y agoAdults operating in the US. They needed to have books. Now, the fact that those books were apparently a work of fiction is a different matter. But they did have to make the effort to have the numbers reconcile. Which is why FTX wasn't headquartered in the US.