Teresa Goody Guillén Weighs in on Cryptocurrency Exchange Collapse

News / November 14, 2022

Cryptocurrency exchange FTX has failed and filed for bankruptcy protection. Two articles published Nov. 10, 2022, in Law360 quoted Partner Teresa Goody Guillén about what’s likely to come next.

In “FTX’s Collapse Amplifies Calls for Tougher Crypto Oversight,” Goody Guillén said that Congress will likely take some time to come up with a coordinated response regarding digital assets, given that four different committees will be involved.

In “’Stop Tweeting’: Attys Groan at FTX Head’s Online Mea Culpa,” she said that some of former CEO Sam Bankman-Fried’s tweets in the wake of the downfall of FTX “will likely be used as admissions that can be used against him in civil and criminal contexts.”

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