John J Ray III

The closing down process of cryptocurrency exchange FTX (CRYPTO: FTT) is anticipated to come with an astronomical price tag as professional fees have already surpassed $200 million, according to a court document submitted on Tuesday by a court-appointed examiner. Katherine Stadler, an attorney...

Slamming new FTX CEO John J Ray III for his testimony on FTX's poor record-keeping and unreliable financial data, the exchange’s founder Sam Bankman-Fried said Ray's statements put in legal records were “false.” Ray, a restructuring expert, testified in a bankruptcy...