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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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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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