Cryptocurrency news by Protos

FTX bankruptcy: A complete failure, worse than Enron


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FTX chief exec, John J. Ray III, has filed his first declaration in the bankruptcy of FTX, FTX US, Alameda Research, and related entities. Ray, who had served as Chairman of Enron during its bankruptcy, stated that he’d never seen “such a complete failure of corporate controls and such a complete absence of trustworthy financial information.”


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Cryptocurrency news by ProtosBy Protos