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‘Grossly inexperienced’ execs used QuickBooks for accounting, new FTX head claims

Por: New York Post Tech December 14, 2022

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FTX’s new CEO blasted Sam Bankman-Fried and his top business associates during scorched-earth testimony before a key House panel on Tuesday — just hours after the John Ray III — a restructuring expert who steered Enron through its bankruptcy — told lawmakers that Bankman-Fried ran the doomed cryptocurrency platform into the ground with a complete lack of recordkeeping and with shady business practices — including funneling billions in... + full article



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