Assignment task: On March 26, 2023, the Guardian published the following article: "Caught in the FTX storm: how a crypto high-flyer fell to Earth"
Reference:
Article: Caught in the FTX storm: how a crypto high-flyer fell to Earth
This Guardian article is now causing significant controversy and has reignited the debate within the United States, and globally, for urgent action on the FTX exchange and cryptocurrencies, generally.
Answer one (1) of the following TWO (2) questions, only:
Question 1: Applying the relevant principles of Corporate Social Responsibility (CSR), draft a memorandum to the United States Bankruptcy Court advising whether, or not, FTX has violated key CSR principles with regard to Environmental Forces and Sustainability.
You are required to refer to the principles of CSR Environmental Forces and Sustainability and apply these CSR principles to the facts, as alleged in the Guardian article, above.
Explain your reasons.