Due diligence should address, at a minimum, the following 15 areas:

Due diligence should address, at a minimum, the following 15 areas: legal, accounting, tax, information technology, risk and insurance, environmental, sales, operations, property, intellectual assets, finance, cross-border issues, human resources, culture, and ethics. From the article, answer the following questions.

(10 pts) In one short paragraph—and in your own words—summarize what this article is about, naming the players involved and what each did or did not do.

(5 pts) Who is Gary Gensler and what did he have to say about who is responsible for due diligence?

(5 pts) Who was found to have failed to do proper due diligence?

(5 pts) What punishments and penalties did Momentus, Stable Road, Kabot, and SRC-NI receive? What punishments and penalties is Kokorich facing in court?

(20 pts) Based upon the article and Appendix 8.1 in your text, state which of the 15 due diligence areas were most likely areas of failed—or at least inadequate—due diligence. Make sure to identify at least three areas and explain your rationale for each in detail.

(5 pts) Proper grammar, full sentences, correct spelling and punctuation, and a neat and professional format with clearly labeled answers are required.

Attached is the article.