CEO: 'Hubris, Incompetence and Greed' Led to FTX's Mismanaged Billions
The report enumerates FTX's internal shortcomings identified in the past five months, from sloppy accounting to leaving hundreds of millions of dollars in easily accessible storage.
April 10, 2023 at 03:56 PM
5 minute read
BankruptcyThe original version of this story was published on Delaware Business Court Insider
FTX's restructuring CEO has issued his first status report, detailing the steps taken to untangle the crypto exchange's assets in a document as critical of FTX's former management as the statement he made at the outset of the Chapter 11 process.
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