FTX's Management Failures Exposed in Bankruptcy Report.
FTX Debtors, a group of entities that filed for bankruptcy protection in the US, has released a report that identifies control failures by Sam Bankman-Fried and his colleagues when they ran the collapsed cryptocurrency exchange. The report is based on information gleaned from terabytes of data and more than a million documents that were reviewed, as well as the testimony of 19 former FTX employees. The report is the first in a series regarding pre-petition events and issues that preceded the Chapter 11 cases.
