The collapse of FTX

The spectacular rise and fall of FTX has forever changed the trajectory of the virtual assets sector. Once hailed as the second largest cryptocurrency exchange in the world, FTX's move to file for bankruptcy protection in November has sent shockwaves across the global economy — leaving investors with plenty of unanswered questions and unfulfilled promises.

While the crypto giant's collapse has raised serious questions about alleged fraud and the misuse of funds, it has also led to calls for greater accountability and transparency in the virtual assets sector. From the absence of corporate governance to limited diligence by third-party investors, understanding the possible implications behind the FTX crisis can herald a new era for cryptocurrency regulations, ensuring a rigorous, future-ready and complete overview of a domain that operates outside traditional banking frameworks. 

In our report, we examine the potential causes leading to FTX's fall and provide insights into key steps and considerations that regulators, operators, users and investors can adopt as they navigate their way through the ever-evolving virtual assets realm. 

Read the full report for more key insights.