The revelations surrounding FTX’s downfall proceed with full power. Now, in accordance with the newest court docket filings, Alameda Analysis – SBF’s buying and selling agency, had some privileges.
- The buying and selling agency of Sam Bankman-Fried, Alameda Analysis, was secretly exempted from some points of the auto-liquidation protocol of FTX.
- It’s value noting that SBF was additionally the performing CEO and founding father of FTX.
- That is only a drop within the stream of knowledge that was made public by the current court filings.
- In the meantime, the present CEO of the alternate, John J. Ray III, stated:
By no means in my profession have I seen such a whole failure of company controls and such a whole absence of reliable monetary info as occurred right here.
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