New FTX CEO John Ray: Scandal Is "Plain Old Embezzlement"
1 year ago
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New FTX CEO John Ray testified to the U.S. House Committee on Financial Services Tuesday on the collapse of the cryptocurrency company telling Rep. Roger Williams (R-TX) that the scandal is "plain old embezzlement" and former CEO and founder Samuel Bankman-Fried should not have a role in the business again.
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