John J. Ray III

John J. Ray III, the new CEO of bankrupt crypto exchange FTX, testified before the U.S. House Committee on Financial Services Tuesday. He added, "There were virtually no internal controls and no separateness whatsoever" between FTX and Alameda Research.

Dec 13, 2022

In a series of bankruptcy court filings, new FTX CEO John J. Ray III said the crypto exchange's corporate control under his predecessor, Sam Bankman-Fried, was a "complete failure." Daniel Gwen, counsel for Ropes & Gray's business restructuring group, discusses the fallout of bankrupt crypto exchange FTX and possible next steps.

Nov 18, 2022

In a series of filings in a Delaware court, new FTX CEO John J. Ray III, who previously supervised financial scandals such as Enron, issued a scathing assessment of "unprecedented" poor management practices by his predecessor Sam Bankman-Fried. "The Hash" panel discusses the latest developments in the ongoing FTX fallout.

Nov 17, 2022