In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
Tag: High Net Worth Individuals
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Epstein Estate Agrees to Pay U.S. Virgin Islands More Than $105 Million
The estate of the disgraced financier Jeffrey Epstein will repay tax benefits and half the proceeds from the sale of an island he owned.
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Elon Musk Heads to Court to Defend His Billions in Tesla Pay
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
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FTX’s In-House Performance Coach Is Just as Surprised as You Are
George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.