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New FTX boss condemns crypto exchange's failure




 Mr Ray, who replaced Sam Bankman-Fried, also criticised a «complete absence of trustworthy financial information». Meanwhile, Mr Bankman-Fried has told the Vox news website that he regretted filing for bankruptcy.


'Erratic and misleading'

Mr Ray said what he had found since taking over was «unprecedented» in his 40-year career, which includes overseeing the bankruptcy of US energy giant Enron. In documents filed for the first day of bankruptcy proceedings at the Bankruptcy Court for the District of Delaware, Mr Ray also criticised what he said were «erratic and misleading» public statements by his predecessor.

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