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Category John J. Ray III

MainNewsJohn J. Ray III
FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors

FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors

John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions re...
Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary

Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary

FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ong...
FTX Bankruptcy Revelation: $7 Billion Crypto Treasure Trove Sparks Market Anticipation

FTX Bankruptcy Revelation: $7 Billion Crypto Treasure Trove Sparks Market Anticipation

In a recent court filing, it was revealed that the bankrupt cryptocurrency exchange FTX has amassed approximately $7 billion in assets, which inclu...
FTX And Genesis Clash: $175 Million Dispute Escalates Amidst Restructuring

FTX And Genesis Clash: $175 Million Dispute Escalates Amidst Restructuring

On August 17, the FTX 2.0 Coalition, comprising FTX users promoting the exchange experience, issued a statement opposing the exchange's agreement a...
FTX Bankruptcy Sparks Asset Control and Reorganization Battle

FTX Bankruptcy Sparks Asset Control and Reorganization Battle

This conflict emerged following the release of a draft reorganization plan by FTX's new management team, led by Chief Restructuring Officer John J....