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A loophole allowed FTX to secure its Aussie license without full checks: ASIC’s Longo

A loophole allowed FTX to secure its Aussie license without full checks: ASIC’s Longo

ASIC’s Joseph Longo blamed a proviso that permitted FTX to procure an Australian Monetary Administrations Permit under its supervision. Joseph Longo, the director of the Australian Protections and Ventures Commission…