John Ray III, the new FTX CEO tasked with investigating the collapse of the crypto exchange, slammed the leadership of predecessor, Sam Bankman-Fried.
Wisconsin Rep. Bryan Steil and Bitcoin Foundation president Brock Pierce break down FTX founder Sam Bankman-Fried's donations to the Democratic Party on 'The Evening Edit.'
John Ray III was appointed chief executive of FTX last week shortly before the company filed for chapter 11 bankruptcy and Bankman-Fried resigned. The attorney – who previously oversaw the $23 billion bankruptcy of energy firm Enron – is now tasked with investigating the rapid and stunning downfall of FTX.
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022. Bankman-Fried, the firm's founder and CEO, announced his resignation when the bankruptcy papers were filed in Delaware on Friday.
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Kevin O'Leary Says He'd Invest in FTX Founder Sam Bankman-Fried AgainO'Leary doesn't seem too bothered that SBF used $10 billion in FTX customer deposits to prop up his hedge fund.
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