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Tag Archives: sam bankman-fried

Evan Luthra, a Victim of Crypto Exchange FTX, Shares His Story

The FTX disaster was something nobody saw coming, and now one investor – a young man named Evan Luthra – has described the debacle he’s endured after losing nearly $2 million in crypto funds following the collapse of one of the biggest and most powerful crypto trading platforms in the world. Evan Luthra Has Lost a Lot of Money UBS Americas CEO Robert Wolf recently labeled FTX as a “Ponzi scheme.” Millions of investors have seen their money completely vanish after it’s...

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John Ray III: FTX Is the Most Mismanaged Company I’ve Ever Seen

John Ray III is an attorney that’s been in the news a lot, lately. He’s the man who cleaned up the Enron mess close to 20 years ago, and now he’s been called in to fix the problems surrounding failed digital currency exchange FTX. John Ray III Has Been Called in to Fix FTX As the new CEO of the now bankrupt digital currency firm, Ray commented that he has never seen such a poorly governed company in all his life, nor has ever witnessed such mismanagement of funds. He...

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