SBF fraud trial: Why consumers, investors should care about this case

Yahoo Finance Video
112,045 次觀看・1 年前

The fraud trial of Former FTX CEO Sam Bankman-Fried is set to begin this week. What exactly should Americans be paying attention to in this trial? ADK Firm Partner Adam Kamenstein breaks down why Americans and investors alike should care about similar probes into crypto fraud.

"Regardless of what the government does or doesn't do from a regulatory perspective, this also just puts the average consumer on alert as to the questions that they might want to ask," Kamenstein says. "I think this will also, of course, increase the diligence that more sophisticated in institutional type of lenders and depositors bring to bear."

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This post was written by Luke Carberry Mogan.