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Bitcoinist

2022-11-18 11:03:33

FTX Downfall Probably Sparked By The Collapse Of Terra, Report Reveals

FTX Downfall Probably Sparked By The Collapse Of Terra, Report Reveals

In his first court filing, new FTX CEO and bankruptcy trustee John Ray III revealed yesterday an even greater extent of the fraud and chaos behind the collapse. “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” Ray

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