Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

New FTX CEO says lax oversight, bad decisions caused failure

Por: ABC News Business December 14, 2022

thumbnail

WASHINGTON -- Sam Bankman-Fried, founder and former CEO of the failed cryptocurrency exchange FTX, helped 1,500 Bahamian investors remove $100 million from their accounts while other customers around the world were locked out of the exchange, according to the company's new CEO, who testified before a House committee TuesdayFTX CEO John Ray III, who has guided dozens of companies, including Enron, through bankruptcy restructuring, called... + full article



Similar News

Column: This is not a defense of LAX. It's a love letter

Los Angeles Times USA Entertainment December 19, 2022

thumbnailDue to an ill-timed high school basketball event (who came up with the idea of a tournament beginning Dec. 26?), our family had to nix our plans to travel this Christmas. In attempts to console me, several friends offered what they considered a silver lining: “At least you... + más

Fact Check: Did woman repeatedly fail to fill gas tank in funny viral clip? | Newsweek

LAX website disrupted after pro-Russia hacking group targets U.S. airports | Los Angeles Times


Where did the money go in FTX crypto collapse?

Fox Business USA Business December 14, 2022

thumbnailFTX CEO John Ray testified Tuesday that founder Sam Bankman-Fried issued himself loans using company money, part of more than $1 billion in loan disbursements to insiders, Ray said. The collapse of FTX, a  once valued at $32 billion — and founder Sam Bankman-Fried's... + más

Will Crypto.com Thrive Or Take A Dive Post-FTX? | Forbes

Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post


FTX Founder and CEO, Sam Bankman-Fried, Arrested In The Bahamas

Forbes USA Business December 14, 2022

thumbnailAFP via Getty Images Key takeaways Sam Bankman-Fried, founder and CEO of FTX, was arrested Monday evening in the Bahamas. The arrest followed criminal charges filed by U.S. prosecutors and shared with the Bahamian government. Simply named “SBF,” Sam Bankman-Fried is a... + más

Photos show disgraced FTX founder Sam Bankman-Fried cuffed in Bahamas on his way to jail | CNBC

Sam Bankman-Fried said parents’ $16.4M Bahamas house was meant for FTX staff | New York Post


New FTX CEO says lax oversight, bad decisions caused failure

WPLG Local 10 USA Politics December 13, 2022

thumbnailWASHINGTON – The new CEO of the failed cryptocurrency exchange FTX is appearing before a House committee Tuesday, detailing for lawmakers the lack of oversight and financial controls that he discovered since taking over the company a month ago. John Ray III called FTX’s... + más

Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post

FTX Founder and CEO, Sam Bankman-Fried, Arrested In The Bahamas | Forbes


FTX will sell or restructure global empire, CEO says

NBC News USA Nation November 19, 2022

thumbnailFTX’s new CEO said on Saturday that the bankrupt crypto exchange is looking to sell or restructure its global empire, even as Bahamian regulators and FTX squabble in court filings and press releases about whether the bankruptcy filing should proceed in New York or in Delaware.... + más

Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post

Exclusive: These Investors Stand To Lose The Most From FTX’s Implosion | Forbes


Exclusive: These Investors Stand To Lose The Most From FTX’s Implosion

Forbes USA Business November 11, 2022

thumbnailForbes to cover a shortfall of up to $8 billion as customers demand their money back. “I can't make any promises,” he . “But I'm going to try.” Then there are FTX’s investors. As the crypto exchange ballooned in size, it became a huge draw for venture... + más

Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post

How $32B crypto company FTX collapsed and sent digital currency reeling | ABC News


Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims

New York Post USA Tech November 10, 2022

thumbnail“Curb Your Enthusiasm” star Larry David’s appearance in a commercial for the is going viral Thursday – with social media users pointing out the comedian’s skeptical stance in the ad was right all along. The ad, which aired during the Super Bowl last February, shows the... + más

How $32B crypto company FTX collapsed and sent digital currency reeling | ABC News

Crypto Is Crashing. This Time, Blame FTX and Sam Bankman-Fried | Time



About iurex | Privacy Policy | Disclaimer |