5min chapter

Crypto Critics' Corner cover image

The Foul Financials of Cryptocurrency (Feat. Francine McKenna)

Crypto Critics' Corner

CHAPTER

What Happened in the G E and in the Under Armor Case?

The sarbins oxley act was established. There was this idea that we fixed it, there will be no more accounting fraud. And so in the last 15, 20 years since sarbenza, the number of what we call restatements for material errors and misstatements has been completely tanking. Too oh, these are errors, these are misstatements, but one, they're not deliberate. They are not material, and therefore we can just kind of correct them going forward. That is the problem at the d o c prosecuting those disclosure fraud the executives are not getting tagged. But yet the language of what they're doing is exactly the same. I's the problem

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode