There's only one way to fix this, and it's getting drunk at lunch.
The new team in charge of the FTX bankruptcy have released their first interim report on the failures of control at FTX and related businesses.
It's 43 pages long, let's go through it 🧵
https://www.courtlistener.com/docket/65748821/1242/1/ftx-trading-ltd/
Exhibit(s) (Notice of Filing First Interim Report of John J. Ray III to the Independent Directors on Control Failures at the FTX Exchanges) Filed by FTX Trading Ltd.. (Attachments: # 1 Exhibit A) (Pierce, Matthew) (Entered: 04/09/2023)