FTX was an 'utter failure of corporate controls at every level of an organization', says new CEO By Cointelegraph

FTX was an 'utter failure of corporate controls at every level of an organization', says new CEO By Cointelegraph

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John Ray, who took over as CEO of crypto exchange FTX amid bankruptcy proceedings, has provided detailed written testimony ahead of his Dec. 13 appearance before the United States House Financial Services Committee. In testimony made available for the "Investigating the Collapse of FTX, Part I"…

#housefinancialservicescommittee #enron #johnray #ftx #investigatingcollapseofftx

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