December 13, 2022
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3:31Now PlayingHe said FTX incurred losses ‘in excess of $7 billion’ during the hearing.
John J. Ray III, the new chief executive of FTX, testified in front of a House committee Tuesday on the collapse of the crypto exchange. His testimony came less than a day after the company founder, Sam Bankman-Fried, was arrested in the Bahamas. Photo: Al Drago/Bloomberg News
#WSJ #FTX
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