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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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