The CEO tapped to take over, John Ray III, said that "in his 40 years of legal and restructuring experience," he had never seen "such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here." This is the same Ray who ...
Bankman-Fried was suddenly the poster boy for crypto everywhere, and the FTX logo adorned everything from Formula 1 race cars to a Miami basketball arena. The 30-year-old went on an endless press tour, bragged about having a balance sheet thatcould one day buy Goldman Sachs, and became a...
“Our partnership with FTX does not change our league-wide stance on cryptocurrency exchange sponsors,” Greeley said. “LCS activations with FTX can be removed from broadcast when needed in regions that limit cryptocurrency advertising. A sponsor that appears on apparel or other non-digital activati...