On Dec 18th, CNBC published the following article: "FTXs collapse is shaking crypto to its core. The pain may not be over". Ref: https://www.cnbc.com/video/2022/12/19/what-the-ftx-collapse-means-for-crypto-exchanges.html This CNBC news article is now causing significant controversy and has reignited the debate within the United States, and globally, for urgent action on the future of the FTX exchange and cryptocurrencies, generally. Answer ONE (1) of the following TWO (2) questions:

Question 1: Applying the relevant principles of Corporate Social Responsibility (CSR), draft a memorandum to the United States Bankruptcy Court advising FTX be PERMITTED to engage in business and operate as a cryptocurrency exchange in the future. Discuss the reasons for your advice permitting FTX to engage in business and operate as a cryptocurrency exchange. Explain your reasons. You are required to refer to the principles of CSR and apply these CSR principles to the facts, as alleged in the CNBC article, above.

Question 2: Applying the relevant principles of Corporate Social Responsibility (CSR), draft a memorandum to the United States Bankruptcy Court advising FTX NOT BE PERMITTED to engage in business and NOT operate as a cryptocurrency exchange in the future. Discuss the reasons for your advice not permitting FTX to engage in business and not operate as a cryptocurrency exchange. Explain your reasons. You are required to refer to the principles of CSR and apply these CSR principles to the facts, as alleged in the CNBC article, above. Use APA style and limit your advice to 5 or 6 pages, double spaced.