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Transcripts for BBCNEWS BBC News 20240604 01:21:00

you that ftx is actually going to be able to return this money to be able to return this money to customers, especially if they go through bankruptcy. what can crypto firms do to try and restore confidence, because this is going to do a lot of damage? it this is going to do a lot of damage? this is going to do a lot of damate? . . , , this is going to doalot of damate? . . , , ., damage? it already has, but at the end of damage? it already has, but at the end of the damage? it already has, but at the end of the outcomes - the end of the outcomes and transparency. you see a lot of firms in the coming weeks released approve exams, a lot of exchanges will try to show they have enough liquidity, that they are in a strong financial position, but there are still a lot of private companies in the space and transparency is really lacking, thatis transparency is really lacking, that is what is going to differentiate customers who are going to win over customer trust versus those who cannot,

Transcripts for BBCNEWS BBC News 20240604 05:21:00

around the world, and it s going to be really tough and only time will tell whether that ftx is actually going to be able to return this money to customers, especially if they go through bankruptcy. i suppose, what can crypto firms do to try and restore confidence, because this is going to do huge damage, isn t it? it already has done a lot of damage, but i think at the end of the day, it comes down to transparency. you see a lot of firms in the coming weeks release their proof of reserves. a lot of exchanges will try to show they have enough liquidity, that they are in a strong financial position. but there are still a lot of private companies in this space, and transparency is really lacking. so, i think that is what is going to differentiate customers who are going to win over customer trust versus those who cannot people who are providing the most information disclosure as possible. but even then, it will be very hard for the public to regain their trust in crypto after a huge ev

Transcripts for BBCNEWS BBC News 20240604 02:21:00

financial position, but there are still a lot of private companies in the space and transparency is really lacking, that is what is going to differentiate customers who are going to win over customer trust versus those who cannot, people who are providing the most information disclosure as possible. but even then it will be very hard for the public to regain their trust in crypto after a huge event like this. anita ramaswamy there. a senior reporterfrom a senior reporter from techcrunch with the latest on the ftx collapse. twitter has started removing fake accounts that have multiplied since elon musk s takeover, suspending sign ups for a new paid checkmark system and reinstating a grey official badge on some accounts. us regulators say they re concerned about staff upheavals at twitter, as top officers for privacy and compliance are among the latest executives to resign. the federal trade commission warned musk that he was not above the law. after more than 90 years of showcasing othe

Transcripts for BBCNEWS BBC News 20240604 04:22:00

who cannot people who are providing the most information disclosure as possible. but even then, it will be very hard for the public to regain their trust in crypto after a huge event like this. anita ramaswamy there. twitter has started removing fake accounts that have multiplied since elon musk s takeover, suspending sign ups for a new paid checkmark system and reinstating a grey official badge on some accounts. us regulators say they re concerned about staff upheavals at twitter as top officers for privacy and compliance are among the latest executives to resign. the federal trade commission warned musk that he was not above the law. after more than 90 years of showcasing other people s stories, britain s oldest amateur film making club is finally in the spotlight itself. a documentary about the bradford film makers work has made it to the big screen, and to rave reviews. 0ur arts correspondent david sillito went along to meet them. we are a group of keen amateurfilm makers. jau

Transcripts for BBCNEWS BBC News 20240604 03:22:00

fake accounts that have multiplied since elon musk s takeover, suspending sign ups for a new paid checkmark system and reinstating a grey official badge on some accounts. us regulators say they re concerned about staff upheavals at twitter as top officers for privacy and compliance are among the latest executives to resign. the federal trade commission warned musk that he was not above the law. after more than 90 years of showcasing other people s stories, britain s oldest amateur film making club is finally in the spotlight itself. a documentary about bradford film makers work has made it to the big screen, and to rave reviews. our arts correspondent david sillito went along to meet them. we are a group of keen amateurfilm makers. jaunty music plays. the bradford movie makers. they ve been making films since 1932 with lots of enthusiasm, but not a lot of success.

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