No, we are not an outlier. Nearly all fintechs that work in traditional finance must have these controls in place, because otherwise nobody else will do business with them. E.g. you've got to have SOC 2 or ISO27001 compliance (or some other standard) for counterparties to even pick up the phone to do business with you.

I don't mean to be rude, but you seem very unaware what standards are in this space. (Or rather, I should say the financial space, as everything seems to be a shitshow in crypto). You seem to be conflating what, say, some social media platform or todo app startup needs to do for compliance vs. a financial company.

FTX was in the business of handling other people's money, and they can't even say where billions of dollars have gone. If you think this is just normal "startup chaos", please, please, please don't ever work in a financial startup.