Topline In an interview with Wall Street Journal, FTX CEO John J. Ray III, the veteran bankruptcy attorney leading the embattled crypto firm through its restructuring, said he would explore whether re...
Tag: John J. Ray III
Did The Bahamas Really Seize $3.5B in Crypto? FTX Says No
Last week, the Securities Commission of The Bahamas (SCB) said it altogether sent FTX crypto worth $3.5 billion, valued at the time of transfer, for safekeeping on Nov. 12. The transfers were made sho...
Sam Bankman-Fried Faces Extradition To U.S.—Here’s What To Know
Topline A Bahamas judge on Wednesday approved the extradition of former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, from a Nassau jail to the United States, where the f...
FTX Founder and CEO, Sam Bankman-Fried, Arrested In The Bahamas
AFP via Getty Images Key takeaways FTX founder and CEO Sam Bankman-Fried was arrested in the Bahamas Monday; it’s expected he will be extradited to the U.S. The beleaguered CEO is facing at least eigh...
FTX Founder Blames ‘Bad Legal Advice’ For Crypto Firm’s Bankruptcy
Topline Sam Bankman-Fried insinuated law firms looking for a massive payday contributed to cryptocurrency exchange FTX’s decision to file for bankruptcy last month, during a Monday morning interview w...
With A New CEO, An Adult Has Arrived To Clean Up The FTX Mess
John J. Ray III, a veteran of Enron, Fruit of the Loom and other bankruptcies, now must pick up the shattered pieces from Sam Bankman-Fried’s chaotic reign. Ina scathing court filing on Thursday, John...