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FTX's crash highlights flaws like Sequoia's lack of access to Alameda's balance sheet despite its due diligence and the investors failing to demand a board seat (Bloomberg)

Photo of Grace Will Grace Will November 12, 2022
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FTX's crash highlights flaws like Sequoia's lack of access to Alameda's balance sheet despite its due diligence and the investors failing to demand a board seat (Bloomberg)
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Bloomberg:

FTX’s crash highlights flaws like Sequoia’s lack of access to Alameda’s balance sheet despite its due diligence and the investors failing to demand a board seat  —  Among the last people to realize that the cryptocurrency exchange FTX was a financial time bomb were the company’s own investors.



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