New FTX CEO: "Never in my career have I seen such a complete failure of corporate controls" pic.twitter.com/DGkxpSBaXH
— Eliot Brown (@eliotwb) November 17, 2022
New FTX CEO says "Never in my career have I seen such a complete failure of corporate controls." But what does he know? He-- he worked for Enron, you say
https://x.com/eliotwb/status/1593229154555949056
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Fun fact there are 102 bankrupt entities. Not even all of FTX's holdings, some bits aren't bankrupt.
Full filing is a good laugh
He has submitted a preliminary org chart but thinks he'll probably find more
He gives the numbers he has but doesn't trust any of them
SBF needed his daddy to help convince him to resign at 4:30 AM
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For a person so familiar with "cleaning up" decrepit companies, SBF sure has a knack for spinning up and pumping investment into such fragile companies.
I wonder if their cover story about
throwing the fall guy under the busthe insider trader will be enough to avoid further scurtiny.Jump in the discussion.
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This is fricking hilarious
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