FTX bankruptcy: A complete failure, worse than Enron
In his first FTX bankruptcy declaration, former Enron Chairman John J. Ray III described “a complete failure of corporate controls.”
In his first FTX bankruptcy declaration, former Enron Chairman John J. Ray III described “a complete failure of corporate controls.”
From its close ties to FTX to bailing out its own company and trying to sue a Carl Sagan fan, Jump is never far from the crypto headlines.
Famed naturalist David Attenborough has made clear he will never sell you crypto, as scam ads using his likeness on Twitter spread.
Since it became clear that FTX and Alameda were struggling, the price of SOL has dropped over 50%, far greater than other network tokens.
The audit details how Luna Foundation Guard moved more than 52,000 bitcoin from its reserves to Jump Trading to defend the price of TerraUSD.