Tech

FTX collapse stems from ‘unacceptable management practices,’ new CEO tells House committee

Anthony Jackson, USA TODAY Comments Off on FTX collapse stems from ‘unacceptable management practices,’ new CEO tells House committee

A day after FTX founder Sam Bankman-Fried was arrested in the Bahamas, FTX's new CEO told Congress the group's collapse stemmed from "mismanagement."

     
Anthony Jackson, USA TODAY
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