https://www.foxbusiness.com/markets/ftx-ceo-blames-grossly-inexperienced-owners-collapse-says-customer-money-funded-risky-alameda-trades
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FTX CEO blames 'grossly inexperienced' owners for collapse, says customer money funded risky Alameda trades - Fox Business
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12/13/22 at 3:58pm
Organization
Fox Business
Author
Chris Pandolfo
Details
44 words
Summarize
Business & Industrial FTX customer money Fox Business John Ray III Alameda
FTX CEO John Ray III told House lawmakers that the "grossly inexperienced and unsophisticated individuals" running the company had absolute control over customers' funds, which they lost.
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