• 09/20/2024

FTX’s failures were rooted in “hubris, incompetence, and greed,” the crypto exchange’s new management team said in a report outlining details about the lack of financial controls and record-keeping under Bankman-Fried.

Wall Street Journal

FTX’s failures were rooted in “hubris, incompetence, and greed,” the crypto exchange’s new management team said in a report outlining details about the lack of financial controls and record-keeping under Bankman-Fried.

https://www.wsj.com/articles/at-ftx-multimillion-dollar-expenses-were-approved-by-emoji-fb91bb3a?mod=markets_minor_pos10