FTX to file for U.S. bankruptcy, CEO resigns

Re:FTX to file for U.S. bankruptcy, CEO resigns by hristov on Friday November 11, 2022 @10:02AM (#33561638)

I am still not convinced that he did not steal the missing FTX client funds. So at this point it is not clear to me how much he lost or gained from this. I do hope the DOJ conduct a full investigation and trace where all the money went.

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Re:FTX to file for U.S. bankruptcy, CEO resigns by benmmurphy on Friday November 11, 2022 @10:04AM (#33561670)

I assume all those political donations bought something :)

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Re:FTX to file for U.S. bankruptcy, CEO resigns by mywittyname on Friday November 11, 2022 @10:09AM (#33561737)

Let's hope some congresspeople were stupid enough to put their money into FTX.

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Re:FTX to file for U.S. bankruptcy, CEO resigns by Freebytes on Friday November 11, 2022 @11:44AM (#33563072)

If so, then he will be facing jail time. If not, then he is fine.

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Re:FTX to file for U.S. bankruptcy, CEO resigns by wombat-man on Friday November 11, 2022 @01:04PM (#33564327)

well, they're not giving the donations back, and it doesn't look like he'll have much to give in the future. Where's their motivation?

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Re:FTX to file for U.S. bankruptcy, CEO resigns by snapcaster on Friday November 11, 2022 @11:08AM (#33562561)

Where there is fraud there is embezzlement

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Re:FTX to file for U.S. bankruptcy, CEO resigns by ww520 on Friday November 11, 2022 @11:09AM (#33562574)

Does he still hold on to the billion dollar worth Robinhood shares?

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