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FTX’s new CEO John Jay Ray III oversaw Enron’s bankruptcy proceedings and has “reputation for boosting creditor recoveries”. Read more...
In a sudden and stunning collapse, FTX, the world’s second largest cryptocurrency exchange, run by 30-year-old Sam Bankman-Fried along with more than 130 entities affiliated with FTX,...
The crypto exchange collapsed last week after a $5bn surge in withdrawals
The document also stated that there is “substantial interest in these events” from global regulators, as many have opened investigations on the exchange.
The 21st century has been one financial scandal after another