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The report accused the former senior attorney and Bankman-Fried of lying to banks about the true purpose of a 'shell company' used to accept client deposits, and drafting 'sham' documents.
A recent report from the FTX bankruptcy team has unveiled shocking revelations about the failed exchange, exposing its misappropriation and The post Who...
A blistering report by FTX CEO John J. Ray III accuses ex-CEO Sam Bankman-Fried and former top executives of lying to banks, executing false documents and hiding their wrongdoing.
Bankman-Fried has pleaded not guilty to his 13-count indictment and is due to stand trial in October.
The advice included that the company use encrypted messaging apps and give multimillion-dollar loans to FTX executives, the defense said.