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Reuters

FTX suffered 'failure of corporate control'

Reuters ยท
Reuters
Reuters

New FTX CEO John Ray said there was flawed regulatory oversight and a lack of corporate control of the bankrupt crypto exchange founded by Sam Bankman-Fried in a U.S. court filing on Thursday.

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Crypto Fallout

Leading platform FTX has filed for bankruptcy as crypto prices fall below 2017 prices.