FTX had poor financial reporting processes in place Poor corporate culture undermined quality of work relations A compromised system exposed shareholders and users to elevated risks Laxity in corporate internal controls may have exacerbated FTX’s collapse, according to new CEO John J. Ray III. He pointed out that in his 40 years of legal and […]FTX had poor financial reporting processes in place Poor corporate culture undermined quality of work relations A compromised system exposed shareholders and users to elevated risks Laxity in corporate internal controls may have exacerbated FTX’s collapse, according to new CEO John J. Ray III. He pointed out that in his 40 years of legal and […]
