John Ray, the new CEO of FTX, criticized Sam Bankman-Fried for his management style and revealed his views on the company’s activities. Ray stated that the FTX situation was unlike any other corporate failure he had witnessed over his 40-year career. Ray said he had never seen anything like FTX’s failure as chief restructuring officer.
CoinGape’s Just In: New FTX CEO Slams Sam Bankman-Fried in Latest Court Filing appeared first.
John Ray, the new CEO of FTX, has criticized Sam Bankman-Fried’s management style and revealed his views on the company’s activities. In the most recent court filing, he mentioned:
“I have never seen such a failure in corporate controls or such a complete lack of financial information in my career.”
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