Nov 22, 2022 · FTX collapsed. These players held the keys.

Nov 11, 2022 · If the WSJ allegation that FTX lent SBF-owned market maker Alameda $10 billion is confirmed, a credible CFO might have prevented it or resigned under those circumstances.

Jan 16, 2024 · FTX lacked a CFO and internal audit team, and many of its subsidiaries—including cryptocurrency trading firm Alameda Research—didn’t have a CFO, chief risk officer, or controller.

Dec 30, 2022 · There were two different audit firms, namely Prager Metis CPAs LLC and Armanino LLP that were assigned to sign off FTX’s financials for 2020 and 2021. Armanino LLP signed the financial statements of FTX U.S. whereas Prager Metis signed for FTX Trading LLC.

Nov 14, 2022 · It’s unclear if FTX has a CFO. When taking a look at the leadership team, there isn’t one listed. I asked Dan Ashmore, a crypto analyst at Invezz, a London-based investment fintech, about his...

FTX Trading Ltd., trading as FTX (Futures Exchange), [5] is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. [6][7] The exchange was founded in 2019 by Sam Bankman-Fried and Gary Wang and collapsed in 2022 after massive fraud perpetrated by Bankman-Fried and his partner Caroline Ellison forced the ...

Caroline Ellison (born November 1994) is an American business executive and convicted felon. Ellison was convicted of fraud in 2023 in relation to the bankruptcy of FTX. She was the CEO of Alameda Research, a trading firm affiliated with FTX and founded by Sam Bankman-Fried. [6] .

FTX did not have a CFO, and its COO, Constance Wang, was also 28 years old. A cursory review of each of their bios reveals that they are educated but inexperienced relative to their professional roles surrounding an exchange with approximately one million customer accounts and $10 billion of daily transaction volume.

Oct 3, 2023 · But after crypto prices collapsed in 2022 and a leak of Alameda’s balance sheet led to a run on FTX, Bankman-Fried yielded to pressure to put FTX in bankruptcy — a decision he says he regrets.

Mar 20, 2025 · Dan Chen, the former chief financial officer (CFO) of Deltec International, has joined Gemini, also as CFO. Deltec International is the parent company of Deltec Bank, which allegedly extended billions of dollars in credit to Alameda Research to facilitate its activities.