Son said investors will store their assets in their own digital wallets—wiping out the chance they could be misappropriated, as they were at FTX.
November 13, 2023 at 02:42 PM
3 minute read
Reporter
Former FTX general counsel Can Sun, who was a key witness at the criminal trial of ex-FTX CEO Sam Bankman-Fried, is launching a new crypto exchange and will serve as its leader.
The Wall Street Journal reported the Dubai-based Trek Labs received a license to operate from the emirate’s crypto regulator last month. Sun is launching the venture with other former staff of FTX, including software developer Armani Ferrante,
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Can Sun (center) provided key testimony against former FTX CEO Sam Bankman-Fried at Bankman-Fried’s fraud trial last month. (Photo: Yuki Iwamura/Bloomberg)
