Opinion
Regulators failed to regulate, and venture capital firms invested without conducting the proper due diligence.
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Giorgi Khazaradze is the CEO and co-founder of Aurox, a leading DeFi software development company. He graduated from Texas Tech with a degree in computer science.
Regulators failed to regulate, and venture capital firms invested without conducting the proper due diligence.
FTX reminded us that users need strong decentralized platforms to conduct their business — not gatekeepers capable of misusing their funds.