The new chief executive officer as well as chief restructuring policeman for the insolvent FTX cryptocurrency exchange, John Ray, has icily replied to the unpredictable collection of tweets from previous chief executive officer as well as owner Sam Bankman-Fried.

The official Twitter account of FTX on Nov. 16 tweeted a statement from Ray attending to Bankman-Fried’s current public statements, repeating he “has no recurring function at [FTX], FTX United States, or Alameda Research Study Ltd. as well as does not talk on their part.”

On Nov. 14 Bankman-Fried began a strange Twitter thread that– throughout 40 or two hrs– eventually spelled out “What took place” across nine tweets, he after that took place to claim he was consulting with regulators, intending to “do right by consumers.”

Later, he started to outline the funds and also utilize of FTX and its sis trading firm Alameda Research on Nov. 16 declaring FTX’s take advantage of was around $13 billion, not $5 billion as he initially thought.Related: Tom Brady and

various other celebrities named inclass-action legal action against FTX FTX’s downward spiral started in early November with a series

of occasions ultimately leading to the exchange and its approximately 130 global subsidiaries filing for Chapter 11 bankruptcy in the USA on Nov. 11. John J. Ray III took over as chief executive officer on Nov. 11 with FTX’s bankruptcy filings. He has gotten prestige for previously looking after the personal bankruptcy of previous deceitful energy titan Enron which had around $63.4 billion in possessions and was the biggest company bankruptcy in U.S. background at the time. Title: FTX’s brand-new chief executive officer John Ray coldly addresses SBF’s erratic tweets Sourced From: cointelegraph.com/news/ftx-s-new-ceo-john-ray-coldly-addresses-sbf-s-erratic-tweets!.?.!Published Date: Thu, 17 Nov 2022 00:22:05 +0000