Last month, Adam Silver was interviewed by "Front Office Sports" at the Tuned In Summit in New York.

Mentioning the lessons learned from the fraudulent cryptocurrency exchange FTX, Xiao Hua seemed to imply that as the cryptocurrency market rebounded, some unknown encryption companies were no longer suspicious. He said: "Now that cryptocurrency has risen again, we are now working with some cryptocurrency companies There is cooperation, and now the market is crazy about cryptocurrencies again."

"So is the view different now? I just want to say that we live in a market economy, there is a government that regulates these industries, and teams and owners also take risks with their own reputation and brand." Silver said.

Related news>>>FTX founder was extradited back to the United States! Its behavior may be the largest financial fraud in the history of the United States

Meiji: FTX declared bankruptcy, Curry&Brady&O'Neal&Naomi Osaka and others were sued

Heat official: immediately terminate the cooperation with FTX and will look for a new arena title sponsor

💸 FTX, the world's second largest centralized exchange, declared bankruptcy, Curry is its minority shareholder