Page 10 - John Jay Ray News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Damning coming from john ray because he is best known for leading another infamous company through bankruptcy and that is enron. now he stopped short of outright calling ftx a fraud but he does make a series of allegations about just what happened here. he said that customer funds weren't mixed with assets of ftx hedge fund, that backs up some of the allegations that cara just talked about from the s.e.c. and from federal prosecutors. he said the hedge funds made risky bets and they went on a $5 billion spending spree on investments and businesses and also said that the company had loans and p...

The expected testimony of cryptocurrency pariah Sam Bankman-Fried before the House Financial Services Committee on Tuesday is shaping up as a hugely awkward moment for committee Democrats whose campaigns he bankrolled.

The expected testimony of cryptocurrency pariah Sam Bankman-Fried before the House Financial Services Committee on Tuesday is shaping up as a hugely awkward moment for committee Democrats whose campaigns he bankrolled.

Sam Bankman-Fried agreed to testify before the House Financial Services Committee under threat of a subpoena after a week of dodging. 

Maxine Waters reportedly informed a private group of Democrats that she does not plan to subpoena Sam Bankman-Fried.