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Why Venture Capitalists Won’t Be Held Accountable for Investing in FTX

As impossible as it is to believe that venture capital funds did proper due diligence on mismanaged and allegedly fraudulent FTX, the inherent risk of early-stage investing makes regulatory change unlikely in the fallout.

(Original Caption) New York: Paying out a ton of gold in the old Clearing House on Broadway. Banking Scene In The 1860's.
Venture capitalists who said they did due diligence in their FTX investments won’t be punished. (Bettmann/Getty Images)