Huang said he was concerned about FTX's lack of a board of directors, but he eventually invested anyway. During cross-examination, Huang said Paradigm pressed Bankman-Fried on the board issue and was told he didn't want investors as directors but he did plan on having a board with expe...
Everyone has one." He says, "There are two other people on something called a board of directors, but it's changed and I don't even know their names. And their job is just to DocuSign whatever--" Jon Wertheim: He didn't know the names of the board of directors? M...
“Mr. Miller informed me that S&C was installing ‘S&C’s guy’ to run all the companies. [That refers to John J. Ray III who has been put in the post of CEO of the FTX group of companies and has appointed a new Board of Directors.] I told Mr....
Ray is clear on the negligence of the FTX Board of Directors, writing: “Many of the companies in the FTX Group, especially those organized in Antigua and the Bahamas, did not have appropriate corporate governance. I understand that many entities, for example, never had board meeting...
even if the plan were favorable to creditors, claims sehgal, there is nothing under the present terms to prevent ray and his team from changing course after it has been approved. under the plan, ftx will replace its present board of directors with new members of its choosing, and the ...
Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives. In a Thursday announcement, crypto exchange FTX US’ derivatives arm said Sommers had become its latest board member in a move seeming ...
moodytiger founders & board of directors Brand of activewear for kids2018•Hong Kong (China)•Funding RaisedLast updated: October 21, 2024 Claim ProfileSuggest Edits Who are the founders of moodytiger? Founder? Claim Profile moodytiger has 2 founders. They are Zoe Ng, Co-Founder &...
They screwed up by just handing this person money and not insisting on any kind of controls. No board of directors. I mean, no CFO, all that stuff. No real insight into the business. However, I’m not going to completely defend them, but sort of defend them. What is the worst, wha...
of the independent Board of Directors who quickly responded to the call to duty at a time of crisis. They bring wisdom and guidance, often in the face of adversity, that has been and continues to be instrumental throughout the difficult process of bringing order and resolution to t...
said: "We are pleased to be in a position to propose a chapter 11 plan that contemplates the return of 100% of bankruptcy claim amounts plus interest for non-governmental creditors. On behalf of FTX's independent Board of Directors, I want to extend our deepest appreciation to the numerous...