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> Ray said that “one of the most pervasive failures” at FTX’s main international exchange was the lack of records about decision-making. He said that Bankman-Fr
by zeven7 4y ago
> Ray said that “one of the most pervasive failures” at FTX’s main international exchange was the lack of records about decision-making. He said that Bankman-Fried often used messaging platforms with an auto-delete function “and encouraged employees to do the same.”
https://arstechnica.com/tech-policy/2022/11/new-ftx-chief-slams-complete-failure-of-corporate-controls-at-crypto-exchange/?comments=1&comments-page=1 https://arstechnica.com/tech-policy/2022/11/new-ftx-chief-sl...
("Snapchat" - the specific brand - may be inaccurate. I've seen it reported as messages that "auto-delete" without a specific platform mentioned.)
- kyawzazaw 4y agoprob Signal