Exec who cleaned up Enron calls FTX mess 'unprecedented'

Re:Exec who cleaned up Enron calls FTX mess 'unprecedented' by EMM_386 on Friday November 18, 2022 @02:22PM (#33660582)

> Step 2, finding the employees, not so much.

All FTX needs is one or more people on the "outside" (who used to be on the inside) that they trust in case something like this happens.

Those people would be the "hackers" that took 1-2 billion out after the bankruptcy declaration.

Then, anyone who gets a slap on the wrist or whatnot, even if they have their assets clawed back, knows exactly who to call when they're in the clear.

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Re:Exec who cleaned up Enron calls FTX mess 'unprecedented' by devmunchies on Friday November 18, 2022 @02:49PM (#33661011)

Same goes in reverse. The govt/debtors should connect with ex-employees/investors and get them to try and gossip, commiserate, provide black-hat advice, etc with existing employees in DMs and proxy any discoveries to the govt/debtors in exchange for a "consulting fee".

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Re:Exec who cleaned up Enron calls FTX mess 'unprecedented' by Animats on Friday November 18, 2022 @05:33PM (#33663485)

This is called the "race to the prosecutors office" in the US. The first whistleblower gets a free pass. Everyone else, not so much.

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