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Category John Ray

MainNewsJohn Ray
FTX’s bankruptcy plan offers over 100% recovery for creditors, faces mixed reactions

FTX’s bankruptcy plan offers over 100% recovery for creditors, faces mixed reactions

The bankrupt FTX estate has unveiled a new reorganization plan that promises substantial returns to its creditors. FTX creditors with claims below ...
FTX creditor disputes John Ray’s letter to SBF, claims misinformation

FTX creditor disputes John Ray’s letter to SBF, claims misinformation

As the FTX saga unfolds, it’s turning into a Hollywood-worthy script, minus the popcorn and happy endings. Recently, Sunil, a creditor with a veste...
FTX’s caretaker CEO calls Sam Bankman-Fried a deluded criminal

FTX’s caretaker CEO calls Sam Bankman-Fried a deluded criminal

John Ray, the man placed in charge of FTX post-disaster, has once again slammed the exchange’s founder and former CEO, the infamous Samuel Bankman-...
John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims

John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims

FTX CEO John Ray III has debunked Sam Bankman-Fried’s (SBF) claims about the level of losses suffered by users of the defunct exchange. In a March ...
Former Alameda Co-CEO Admits Fraud, Estimates $10 Billion Cash Deficit

Former Alameda Co-CEO Admits Fraud, Estimates $10 Billion Cash Deficit

Former Alameda Research Co-CEO Caroline Ellison admits fraud and estimates a cash deficit of over $10 billion at FTX.com before its collapse. Read ...