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FTX Used Hodgepodge of Apps To Manage Billions of Dollars in Assets, Including Crypto: New Court Filing

By Conor Devitt at 2025-03-10 01:26

Sentiment: Negative

Collapsed crypto exchange FTX used a “hodgepodge” of “non-enterprise solutions” to manage its billions of dollars in assets, according to a new bankruptcy filing. FTX CEO John J. Ray III, who replaced disgraced founder Sam Bankman-Fried, notes in a new report filed with the U.S. Bankruptcy Court for the District of Delaware that none of […] The post FTX Used Hodgepodge of Apps To Manage Billions of Dollars in Assets, Including Crypto: New Court Filing appeared first on The Daily Hodl. Continue reading...

Categories: Regulators

Tags: #Regulators #Scams # Schemes and Hacks #Alameda Research #FTX #News

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