John Ray III


Policy

FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer

The FTX bankruptcy nears its finish line, with recoveries higher than what was in accounts when it collapsed – though those assets missed out on the market recovery since 2022.

John J Ray III took over as FTX CEO in November 2022 (House Committee on Financial Services)

Policy

FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray

Ray said Bankman-Fried’s victims “will never be returned to the same economic position they would have been in today absent his colossal fraud.”

New FTX CEO John J. Ray III (C-Span)

Videos

Why FTX Might Try to Claw Back Funds From Retail Customers

As lawsuits continue to pile up in the FTX saga, FTX chief John Ray III is focused on clawing back funds from former affiliates to pay back creditors. But how might that play out in court? Founder of 117 Partners Thomas Braziel, who specializes in the trading of bankruptcy claims, explains the different paths Ray may choose to go down and the potential outcomes of these cases.

Unchained

Policy

FTX Fires Back at Creditors 'Willing to Gamble Estate Assets on Higher Returns'

The committee of unsecured creditors had criticized the bankrupt estate's reorganization plan submitted to a Delaware court in July.

New FTX CEO John J. Ray III (C-Span)

Policy

FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B

Commingling and misuse of customer funds occurred from the start at FTX, says current CEO John J. Ray III, and senior executives knew of the shortfall as early as August 2022.

(Elizabeth Napolitano / CoinDesk)

Videos

FTX CEO's Legal Billings Hint at Comeback for the Exchange

The latest billing report of FTX's new CEO John Ray III suggests that the exchange could be rebooted. "The Hash" panel discusses the possibility of building "FTX 2.0" and reacts to a new report from The New York Times on the evidence collected against the disgraced founder Sam Bankman-Fried.

CoinDesk placeholder image

Finance

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials.

(Leon Neal/Getty Images)

Finance

Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.”

Former FTX US President Brett Harrison. (Danny Nelson/CoinDesk)

Finance

Alameda-Linked Wallet Sent $100M of Stablecoins to Trading Firms After USDC Depeg

Three other wallets linked to FTX and Alameda sent $188.5 million in stablecoins to crypto exchanges on Tuesday.

Alameda Research-linked wallet transfers to trading firms. (Arkham Intelligence)

Finance

FTX Bankruptcy Special Counsel, Advisers Bill $38M for January

FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants and financial advisers working on the case.

New FTX CEO John J. Ray III (C-Span)

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