Past couple of weeks has been a roller coaster for the crypto world. FTX which was backed by some of the most well know folks at the wall street went down overnight because of a potential fraud which is under…
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FTX Bankruptcy Due to Complete Failure of Corporate Control at every level
John Jay Ray III, FTX’s current CEO, has filed a declaration in support of the crypto company’s bankruptcy proceedings. The court document revealed questionable business practices within FTX. In the financial industry, John is known for masterfully handling the bankruptcy…