Despite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US and its international sibling were no more than superficial, John Ray III, the replacement CEO steering the company through bankruptcy, told lawmakers on Tuesday.

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• Source: https://www.coindesk.com/business/2022/12/13/with-ftxs-founder-facing-charges-new-ceo-details-lack-of-independence-of-ftx-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines