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New FTX CEO Blasts Sam Bankman-Fried for 'Complete Failure' of Corporate Controls - Vimarsana News

New FTX CEO Blasts Sam Bankman-Fried for 'Complete Failure' of Corporate Controls

John Ray, who replaced Sam Bankman-Fried as CEO of crypto platform FTX, said in a new court filing that in his decades of experience overseeing some of the biggest bankruptcies ever, he had never seen anything as bad as FTX, including a "complete failure of corporate controls."