ALGORITHM ON JULY

There Were No Expense Controls

There were no expense controls for employees whose expenses were approved by chat with personalized emojis, according to the new CEO. The news will cause

FTX used corporate funds to purchase employee homes, new filing

A recent filing reveals that FTX used corporate assets to purchase staff properties, adding further drama to the debate surrounding the demise of one of the largest

Corporate Funds Were Used By

Corporate funds were used by FTX to purchase homes for the benefit of FTX employees, a bankruptcy filing from new CEO John Ray III said.

This is the kind of theft that puts people in prison fast. It will take years to untangle the whole financial mess, but buying a house with company funds right before a

FTX May Have Used Corporate Funds to Buy Homes for

FTX Employees Used Company Funds to Buy Homes in the

Filing reveals FTX purchased luxury homes in Bahamas for

New Filing Shows FTX Used Corporate Funds to Buy Employee

It Has Been Uncovered From

It has been uncovered from the court filing that corporate funds were spent to “purchase homes in the Bahamas and ‘personal items’ in the name of employees and

Bahama homes were purchased with FTX corporate funds