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Topic - John Ray Iii

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Crypto exchange FTX CEO John Ray, testifies before the House Financial Services Committee on the collapse of crypto exchange FTX, Tuesday, Dec. 13, 2022, on Capitol Hill in Washington. (AP Photo/Manuel Balce Ceneta)

New FTX CEO says lax oversight, bad decisions caused failure

By Glenn Gamboa - Associated Press

Crypto exchange FTX CEO John Ray, arrives to testify before the House Financial Services Committee on the collapse of crypto exchange FTX, Tuesday, Dec. 13, 2022, on Capitol Hill in Washington. (AP Photo/Manuel Balce Ceneta)

FTX collapse called ‘old-fashioned embezzlement’ as Bankman-Fried slapped with federal charges

By Dave Boyer - The Washington Times