FTX crisis

Crisis-hit crypto exchange FTX’s new CEO John Ray III has said was a complete absence of trustworthy financial information at the bourse. He added that never in his career has he seen such a complete failure of corporate controls.In a…

Cryptocurrency trading firm FTX has filed for bankruptcy protection and its then-chief executive officer (CEO) Sam Bankman-Fried has stepped down.On Friday, people familiar with the developments told news agency Reuters that Bankman-Fried…