FTX founder claims their platform's risk control is transparent

ME News Report, May 17 (UTC+8), FTX founder SBF stated at a U.S. Congress hearing in December 2021 that his platform has a 24/7 risk engine, with no overnight, weekend, or holiday risks associated with traditional assets, and emphasized that its market data and risk parameters are open and transparent. He pointed out that the cause of the 2008 financial crisis was due to a large amount of unreported trades being repeatedly packaged and leveraged, leading to unknown risks. These declarations became a critique of himself after the collapse of FTX. (Source: MLion)
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