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These were all lies, per Ray's house testimony [1]. FTX US had no sound financial controls keeping it isolated from the rest of FTX. [1] https://docs.house.gov

• pigtailgirl 4y ago
  -- my reading of this is only that the business empire as a whole was poorly managed - ftx.us was included in the ftx.com bankruptcy to avoid a run on the bank - if they were trying to avoid a run on the bank - wouldn't it further indicate the ftx.us platform indeed had funds? - most of this document is concerned with ftx.com not ftx.us --
  • ericpauley 4y ago
    From the article: > FTX US was not operated independently of FTX.com.
    • pigtailgirl 4y ago
      -- yes - same management team - operated both - but that's as much as we know for certain so far - guess we will see - that why im so curious - lot of talk here in Korea that Do Kwon wont go to jail even if they arrest him --