FTX
New FTX CEO Outlines Findings Since Crypto Exchange Takeover
Former FTX CEO Sam Bankman-Fried is heading into criminal-defense mode, but John J. Ray III is trying to make sense of the company as he seeks a recovery for damaged creditors. In his opening remarks at Tuesday's FTX congressional hearing, the new CEO laid out his key findings since taking over the reins of the bankrupt crypto exchange.
FTX Worse Than Enron, New CEO Says
New FTX CEO John J. Ray III explains how the crypto exchange compares to Enron. "The multi-billion dollar company used QuickBooks," Ray said at Tuesday's congressional hearing on FTX. He also added, "We had one person, really, controlling this."
New FTX CEO: 'No Separateness Whatsoever' Between FTX, Alameda Research
John J. Ray III, the new CEO of bankrupt crypto exchange FTX, testified before the U.S. House Committee on Financial Services Tuesday. He added, "There were virtually no internal controls and no separateness whatsoever" between FTX and Alameda Research.
US Court Charges FTX Founder Sam Bankman-Fried With Conspiracy, Fraud
U.S. prosecutors revealed a litany of charges against Sam Bankman-Fried on Tuesday, the founder and former CEO of crypto exchange FTX, including wire fraud, conspiracy to commit money laundering and campaign finance violations. "The Hash" panel discusses the latest in FTX's collapse.
Sam Bankman-Fried's Leaked Testimony Shows What the Former CEO Planned on Telling Lawmakers: Report
In Sam Bankman-Fried's prepared testimony he planned to deliver to the U.S. House Financial Services Committee Tuesday morning, he said "I would like to start by formally stating, under oath: I f---ed up," according to multiple published reports. "The Hash" panel discusses what to make of Bankman-Fried's remarks.
Ang Silvergate Shares ay Bumaba sa Bagong 2-Taon na Mababang Sa gitna ng FTX Testony
Inanunsyo ng crypto-friendly na bangko mas maaga nitong buwan na ito ay isang "biktima" ng nabigong Crypto exchange.
Nagbabala ang CEO ng FTX na Huwag 'Hadlangan' ang Bahamas Probe habang Nagbibigay Siya ng Testimonya
Ang Securities Commission ay nagsabi na si John J. RAY III ay may "kaduda-dudang agenda" habang lumalalim ang isang hilera sa mga paglilitis sa pagkabangkarote.
Sa Mga Singilin sa Founder, Sabi ng Bagong CEO, Nilustay ng FTX ang Pera ng Customer
Si Sam Bankman-Fried ay isa nang kriminal na akusado, at sinabi ng CEO na si John RAY III sa mga mambabatas na nilustay ng FTX ang mga pondo ng customer "sa harap mismo ng kanilang mga mata."
$1.6B FTX International Customers Group Nag-hire ng Law Firm para Gumawa ng Opisyal na Bankruptcy Committee
Mayroong "hindi mapagkakasunduang salungatan" sa pagitan ng mga interes ng mga internasyonal na customer ng FTX at ng iba pang mga grupo ng pinagkakautangan, sabi ng kasosyo sa Eversheds Sutherland na si Sarah Paul.
