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crypto venture capital

SEC Asks FTX’s VC Investors for Details on Due Diligence

By
Aidan Ryan
· · Source: Reuters

The Securities and Exchange Commission is probing FTX’s venture investors for details on their due diligence, Reuters reported Friday. The agency is focusing on details about what policies and procedures venture firms had in place when they chose to invest in FTX, said the report, which cited two people familiar with the probes. VC firms invested nearly $2 billion in the former crypto...

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