With FTX’s Founder Facing Charges, New CEO Details Lack of Independence of FTX US

With FTX’s Founder Facing Charges, New CEO Details Lack of Independence of FTX US

Despite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US and its international sibling were no more than superficial, John Ray III, the replacement CEO steering the company through bankruptcy, told lawmakers on Tuesday.

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