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CoinGape

2022-11-11 15:10:40

Just-In: SBF Resigns, John Ray III Joins As New FTX CEO

Just-In: SBF Resigns, John Ray III Joins As New FTX CEO

On Friday morning, the troubled cryptocurrency exchange FTX declared that it has commenced Chapter 11 bankruptcy proceedings due to a massive liquidity crunch. FTX’s New CEO Appointed The firm also disclosed that former billionaire CEO Sam Bankman-Fried has resigned from his role following the liquidity crisis that forced a sudden unraveling of the exchange which The post Just-In: SBF Resigns, John Ray III Joins As New FTX CEO appeared first on CoinGape .

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