FTX founder and CEO Sam Bankman-Fried didn’t specifically cite Illinois regulations, but he pointed out regulations were a key factor in the decision. “Frankly, for us, having clear licensure for our marketplaces is by far the biggest piece of this, that’s what we’ve been focusing on.”
Another for-profit business skedaddling for the exits. Business friendly cannot be found anywhere on Chicago’s resume.
Old Joe
3 years ago
Hmm, a virtual currency company is leaving a virtual world class city……
Wally
3 years ago
Another high end company with well compensated employees is gone. If you only listen to Lightfoot and Pritzker, you’d think IL economy is booming, not the reality of seventh worst in the country with the fifth highest fed/state corporate taxes. As well as the combined property/sales taxes paid by company’s employees.
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Another for-profit business skedaddling for the exits. Business friendly cannot be found anywhere on Chicago’s resume.
Hmm, a virtual currency company is leaving a virtual world class city……
Another high end company with well compensated employees is gone. If you only listen to Lightfoot and Pritzker, you’d think IL economy is booming, not the reality of seventh worst in the country with the fifth highest fed/state corporate taxes. As well as the combined property/sales taxes paid by company’s employees.