FTX was an 'utter failure of corporate controls at every level of an organization',

Dato · 12-13-2022, 06:36 AM

FTX was an 'utter failure of corporate controls at every level of an organization',

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvZTMxMmI3OWItZDhiMi00NjZkLWE1MDQtMGE5YWUwMDgwZDY1LmpwZw==.jpg"></p><p>Countering some of SBF's claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing was necessary to avoid a bank run.</p>

https://cointelegraph.com/news/ftx-was-a...n-says-ceo

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