Fintwit's avatar
$128.3m follower assets
FTX bankruptcy
A statement from FTX’s new CEO John Ray (who also helped manage Enron after its collapse):
"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information."
Nathan Worden's avatar
This makes FTX / Sam / crypto in general look super amateur.
Conor's avatar
At least it's not one of those crappy banks, am I right? LOL

I love people taking shots at banks as justification for this guy.
Jensen Butler's avatar
@conorvalue yea that’s one of the more ridiculous takes when people do that. Just keep my dear $BTC separate from all of the ETH, web3, defi, staking protocol, yield farming (warranted) slander 😂 people falsely bucket everything as ‘crypto’ and true cultists are quick to correct the misunderstanding of our dear innocent $BTC
Jensen Butler's avatar
This story keeps getting better and better (worse). How much it just shows blind faith to those who shmooze with words lol
Dissecting the Markets's avatar
How much is the new CEO being paid to run FTX?
Jensen Butler's avatar
@dissectmarkets depends whichever political party is bankrolling his ‘findings’ 😉
Rihard Jarc's avatar
Speaks volumes for sure. No words for this guy...