John Ray III perima bankroto bylos FTX generalinio direktoriaus pareigas

• John J. Ray III is registered for insider trading, according to a report from SEC.
• The once-dominant crypto exchange has fallen apart in the span of a week.

Due to a severe lack of funds, cryptocurrency mainai FTX announced on Friday morning that it has filed for bankruptcy protection under Chapter 11. The previously $32 billion exchange suddenly collapsed due to a liquidity issue, and the company announced the resignation of former CEO and billionaire Samas Bankmanas-Friedas.

John Ray III has taken over as CEO of the financially troubled exchange and will work with other “independent professionals” in the process.

In a statement, Ray claimed,

„FTX grupė turi vertingą turtą, kurį galima efektyviai administruoti tik organizuojant bendrą procesą. Noriu užtikrinti, kad kiekvienas darbuotojas, klientas, kreditorius, sutarties šalis, akcininkas, investuotojas, vyriausybinė institucija ir kita suinteresuotoji šalis atliktų šias pastangas stropiai, kruopščiai ir skaidriai.

Taktinis požiūris

John J. Ray III is registered for insider trading, according to a report from the US Securities and Exchange Commission. Indictments against John J. Ray III have been filed due to his failure to make required financial declarations while serving in authoritative roles. While in positions requiring financial declarations, the new FTX CEO was active in trading equities belonging to three different firms, as noted in the report.

Ray led the campaign at Enron to return almost $20 billion to investors who had been duped. Additionally, he developed a reputation for opposing Wall Street and its interests.

Binance signed a letter of intent on Tuesday to purchase its struggling competitor, FTX, in what seemed to be a possible rescue of the embattled exchange, which was facing a liquidity limitation. However, once Binansas conducted its investigation into FTX, the idea fell through around 24 hours later. The once-dominant crypto exchange has fallen apart in the span of a week.

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