FTX TRADING'S NEW CEO JOHN RAY SAYS 'NEVER IN MY CAREER HAVE I SEEN SUCH A COMPLETE FAILURE OF CORPORATE CONTROLS AND SUCH A COMPLETE ABSENCE OF TRUSTWORTHY FINANCIAL INFORMATION AS OCCURRED HERE' -- COURT FILING
1/82
I'll be pinning this detailed timeline, as my final piece covering this topic, as now the case is closed in my mind.
This was a crime plain and simple and I'll put no more wind in this criminals sails:
FTX: Meltdown.
The definitive and chronological thread.
82/82
Make no mistake. This wasn't the actions of a caring altruist who messed up.
This was theft and fraud - with a bankruptcy that will scar this sector for a generation to come.
Decentralization and transparency matters.
That's what this industry is fighting for.
Looks like Yellen's comments on tomorrow's Executive Order were accidentally posted a day early (now removed). https://t.co/k9jZJcPhS4 got them, though - https://t.co/EtOq1eNHRI