BBCNEWS Outside Source June 4, 2024 19:33:00
Any of the systems or controls that are necessary for a company entrusted with other people's money or assets. some of the unacceptable management practices we've identified so far include the use of computer infrastructure that gave individuals and senior management access to systems that stored customer assets without security controls to prevent them from redirecting those assets. the chair of us securities and exchange commission, gary gensler, said "we allege that sam bankman—fried built a house of cards on a foundation of deception while telling investors that it was one of the safest ...