FTX CEO says company engaged in 'old-fashioned embezzlement' under SBF
Published
FTX’s bankruptcy-era CEO, John J. Ray III, appointed to shepherd the collapsed crypto exchange through Chapter 11 reorganization, testified on Tuesday the company’s founder and former CEO, Sam Bankman-Fried, made multiple misstatements about his companies’ financials. Ray, who oversaw Enron’s…
#doj #ussecuritiesandexchangecommission #enron #johnjrayiii #commodityexchangeact #ohio #bitcoinethereum #rayiii #alameda #georgia