New FTX CEO Calls the Crypto Exchange’s Corporate Control a ‘Complete Failure’
“This situation is unprecedented,” said John J. Ray III, who helped manage Enron after its collapse in an accounting fraud scandal in 2001.
Posted inBankman-Fried, Sam Boies, David Brady, Tom Columbia University David, Larry Gemini Trust Co LLC Harvard University HK FTX Trading Ltd (Futures Exchange) Midterm Elections (2022) Musk, Elon Scaramucci, Anthony Sequoia Capital Skybridge Capital II LLC Social Media Tesla Motors Inc Twitter Winklevoss, Cameron;Winklevoss, Tyler
Contagion in Crypto From FTX’s Fall Is Growing
The crypto exchange’s collapse is stoking fears of contagion across the industry. Meanwhile, FTX’s founder, Sam Bankman-Fried, is still speaking out.
Posted inBankman-Fried, Sam Biden, Joseph R Jr Blackstone Group, The BlockFi Inc DeSantis, Ron Elections Estee Lauder Companies Inc Fashion and Apparel Griffin, Kenneth C HK FTX Trading Ltd (Futures Exchange) Midterm Elections (2022) Murdoch, Rupert Presidential Election of 2024 Schwarzman, Stephen A Trump, Donald J Twitter Weisselberg, Allen
Big Donors like Steve Schwarzman Back Away From Donald Trump
Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
Posted inBankman-Fried, Sam Bankruptcies Drugs (Pharmaceuticals) High Net Worth Individuals HK FTX Trading Ltd (Futures Exchange) Labor and Jobs Psychiatry and Psychiatrists Regulation and Deregulation of Industry Sequoia Capital Workplace Environment
FTX’s In-House Performance Coach Is Just as Surprised as You Are
George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.