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‘Complete failure’: New FTX CEO says crypto disaster worse than Enron

FTX’s new boss said the firm’s corporate governance under disgraced ex-CEO Sam Bankman-Fried was the worst he’s seen in his career — including his stint cleaning up the mess at Enron.

FTX CEO John Ray III — an insolvency expert who steered energy firm Enron through its infamous $23 billion bankruptcy following a massive accounting scandal — ripped his predecessors in a scathing court filing on Thursday.

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