FTX in brevissimo "The new bankruptcy CEO’s first assessment of FTX has just been filed, and it’s quite a read - he says this is the worst he’s seen in his career, and he did Enron. This thing had no finance team, no cash management, no list of its bank accounts, and no list of employees or their terms. The company was buying apartments for staff in their names with corporate funds, and loaned the founder a billion dollars."
