The veteran financial expert brought in as the new CEO of collapsed cryptocurrency firm has delivered a blistering verdict on the incompetent team running the company, saying their 'unprecedented' failures were more disastrous than those of Enron's bosses, and expressing his shock at the chaos and negligence he found.John Ray III, the new CEO of the bankrupt cryptocurrency firm, was brought in on November 11 after the 30-year-old founder Sam Bankman-Fried was convinced by his lawyers and his father to step down.Bankman-Fried's father Joseph is a professor at Stanford Law School.
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