(Bloomberg) — In August, as India’s Adani Group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out some particularly complicated...
Tag: opaque
Huobi monetizes FTX collapse with opaque debt token
Listen to this article. Huobi has announced that it’s listing the ‘FTX User Debt’ (FUD) token issued by the ‘DebtDAO.’ This is despite the lack of many basic details that would help explain its functi...
Former SEC Official Says Binance’s Finances Are Even More Opaque Than Those of FTX
Alex Dovbnya Recent report published by Reuters suggests that Binance’s finances are ‘black box’ John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s ...