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'This situation is unprecedented': 10 crazy things detailed in FTX’s bankruptcy filing

Por: MarketWatch Business November 19, 2022

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“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” Ray wrote. “This situation is unprecedented.”  Here are 10 revelations that Ray made in federal bankruptcy court on Thursday about Bankman-Fried and the FTX debacle he created. 1. Most of FTX’s digital assets have not been secured As of Thursday, Ray made clear that while he... + full article



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