A new court filing about Sam Bankman-Fried's bankrupt companies reveals a crypto empire that was colossally mismanaged and potentially fraudulent — a "complete failure of corporate controls" that eclipses even that of Enron."Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," FTX's new CEO, John J. Ray III, wrote in a court filing Thursday.He previously oversaw Enron's liquidation in the 2000s, among other bankruptcy cases.
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