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In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds

The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.

Sam Bankman-Fried, after pleading “not guilty” in federal court. (Michael M. Santiago/Getty Images)
Sam Bankman-Fried, after pleading “not guilty” in federal court. (Michael M. Santiago/Getty Images)