• 11/25/2024

FTX’s Alameda Lost Track of $50 Million at a Time

Wall Street Journal

FTX’s rapid collapse was the result of “hubris, incompetence and greed,” its chief executive, John J. Ray III, said in a report. Here are some of the report’s key findings.

https://www.wsj.com/articles/ftxs-alameda-lost-track-of-50-million-at-a-time-such-is-life-47bee509