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Enron
FTX Worse Than Enron, New CEO Says
New FTX CEO John J. Ray III explains how the crypto exchange compares to Enron. "The multi-billion dollar company used QuickBooks," Ray said at Tuesday's congressional hearing on FTX. He also added, "We had one person, really, controlling this."
Worse Than Enron? Examining the FTX Collapse
"The Hash" panel discusses the parallels and differences between the implosions of crypto exchange FTX and the fall of the most infamous business fraud in American history – the Texas-based energy trading con Enron (ENE).
FTX's Corporate Control a 'Complete Failure,' New CEO Says
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.