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FTX CEO Ray Says Chapter 11 Was Best Option

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About FTX CEO Ray Says Chapter 11 Was Best Option

Explore FTX CEO Ray Says Chapter 11 Was Best Option with 8,228 views, 64 likes, and 28 comments. Experience the impact of this video content that has captured audience attention.

John J. Ray III, the new CEO of FTX, says filing for bankruptcy was the best way to protect FTX assets and preserve some value. He says the former CEO, Sam Bankman-Fried, was grossly inexperienced. He speaks before the House Financial Services Committee. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en

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