FTX Raised Funds Using The Opaque Form D Market: “Lite” Regulation Has Costs

 

FTX Raised Funds Using The Opaque Form D Market: “Lite” Regulation Has Costs

The Form D market also financed Theranos and has surpassed public IPOs as a way to raise investor funds in recent times. Opacity in Form D fund raising has benefits and costs. I suspect that the Form …

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