Opinion
FTX made an error in messaging when it suggested depositors were insured, but federal regulators will have a hard time proving the exchange did so with sinister motives.
Toby Gilbert
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. Toby Gilbert is the CEO of Coinweb.io, a cross-chain computation platform. He graduated from London’s Global University (UCL) before starting a career in the tech and telco spaces. He invested in and exited three telecommunications companies in Europe, Africa and Asia before joining Coinweb in 2018. He also co-founded the Blockfort and OnRamp DeFi projects.
Regulators have a weak case against FTX on deposit insurance