Crypto giant 's new CEO tore into 'inexperienced and unsophisticated' company founder Sam Bankman-Fried's handling of the company at a hearing on its implosion on Tuesday.The House Financial Services Committee is investigating the multibillion dollar crypto firm, which recently collapsed after a $5 billion 'spending binge' the year before, its new CEO told lawmakers in his opening testimony.John J Ray III was appointed to lead the company through bankruptcy after its founder stepped down in the wake of its implosion. Ray shepherded Enron through one of the largest American corporate demises in history.
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