FTX carried out ‘old-fashioned embezzlement’: CEO
Customer assets at FTX were commingled with those of Alameda Research, exposing clients to significant losses. Published On 13 Dec 202213 Dec 2022 Poor management practices and inexperienced leaders led to FTX’s implosion, the crypto exchange’s new chief executive, John Ray, told United States legislators, shortly after regulators charged founder Sam Bankman-Fried with defrauding investors. …
FTX carried out ‘old-fashioned embezzlement’: CEO Read More »









