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Cryptocurrencies: 30358
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Cryptocurrencies: 30358
Markets: 109486
Market Cap: $2,690,561,703,467     
24h Vol: $90,429,152,435
Cryptela — Cryptocurrency News and Market Intelligence
CoinTelegraph 2022-12-12 22:05:00

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

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