Tax avoidance, corruption, excessive executive remuneration and relentless lobbying are major corporate governance issues.

Ray said FTX did not keep complete books and records, had inappropriate cash governance and failed to institute basic security controls. "Never in my career have I seen such a complete failure of ...

FTX’s failure thus caused painful markdowns for many of those investors, and no doubt a number of further implosions in what may resemble a 2008-style contagion event. The crypto lender and savings ...

While FTX’s collapse last year rattled the Bitcoin ecosystem, nine years ago a bigger failure damaged it even more. What does that teach us? The fall of FTX, a crypto empire that defrauded investors, ...

Recent controversies at major companies have highlighted serious flaws in corporate governance, sparking tensions between ...

"The appointment of the Directors will provide the FTX Group with appropriate corporate governance for the first time." Ray indicated that the company has brought on five independent members of ...

FTX’s collapse is a stain in crypto’s history, reminding us of the dangers of unchecked ambition and lack of accountability and governance controls. The company’s downfall catalyzed a loss ...

New FTX chief executive John Ray has hit out at ... Mr Ray said he had never "seen such a complete failure of corporate controls". Mr Ray, who replaced Sam Bankman-Fried, also criticised a ...

Tax avoidance, corruption, excessive executive remuneration and relentless lobbying are major corporate governance issues.