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CoinGape
2022-12-13 19:54:14

FTX Hearing: CEO John J. Ray iii Claims “Embezzlement” Root Cause Of FTX Collapse

FTX Hearing: CEO John J. Ray iii Claims “Embezzlement” Root Cause Of FTX Collapse

In an ongoing Congressional hearing, FTX’s newly appointed chief executive John J Ray III had a mouthful to talk about the FTX and its founder, Sam Bankman-Fried. He told the panel that SBF “should have known” his actions and conflict of interest in the corporate relationship between the FTX crypto exchange and its trading arm The post FTX Hearing: CEO John J. Ray iii Claims “Embezzlement” Root Cause Of FTX Collapse appeared first on CoinGape .

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