"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," Ray said.
(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)
(Reuters) - John J. Ray III, the new chief executive officer of FTX, slammed the bankrupt crypto exchange's oversight in a court filing on Thursday.
"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," Ray said.
(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)