“Hubris, Incompetence, And Greed”: How FTX Failed, According To Debtors’ Report

On Sunday, FTX and its affiliated debtors released their first report which identifies and discusses control failures by FTX Group’s previous management team in critical areas such as management and governance, finance and accounting, digital asset management, information security and cybersecurity. The debtors also claimed in a 39-page sharply worded report filed with the US … Continue reading “Hubris, Incompetence, And Greed”: How FTX Failed, According To Debtors’ Report