Harshly, FTX’s new CEO, Condemns SBF and Discloses Company’s Secrets
John J. Ray III, FTX’s new CEO, was heavily condemned in a series documents filed in Delaware for the “unprecedented” mismanagement of his predecessor Sam Bankman Fried. It was also revealed that the company had only $560million in cash. This was a large loan from the executives and management chaos. The new CEO and restructuring director of FTX.