Published
New FTX cryptocurrency exchange CEO John J. Ray is trying to clean up the "absolutely appalling" mess left behind, says Sky News Business Editor Ross Greenwood.
Mr Ray previously headed up the bankrupted energy trading company Enron, but has said the FTX collapse is “potentially even worse.”
“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information," he said.
Mr Ray previously headed up the bankrupted energy trading company Enron, but has said the FTX collapse is “potentially even worse.”
“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information," he said.
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