FTX filed for Chapter 11 bankruptcy in November 2022 and shortly after the new CEO John J. Ray III described the exchange’s collapse as a “complete failure of corporate controls and a complete absence of trustworthy financial information.“ Four months after filing for bankruptcy, the new FTX management has disclosed that the firm paid up … <p>The post New FTX management says FTX paid $2.2 billion to Sam Bankman-Fried first appeared on CCNC | Cryptocurrency Newscast.</p>

New FTX management says FTX paid $2.2 billion to Sam Bankman-Fried