New FTX CEO John Ray: Scandal Is 'Plain Old Embezzlement'

New FTX CEO John Ray testified to the U.S. House Committee on Financial Services Tuesday on the collapse of the cryptocurrency company telling Rep. Roger Williams (R-TX) that the scandal is "plain old embezzlement" and former CEO and founder Samuel Bankman-Fried should not have a role in the business again.

[davidphillips]

Don't hold your breath waiting for politicians to give the money back

[emilgrigorescu]

And crooked maxine was blowing kisses to this thief!!

[amydavis]

"ZERO"! God be with the people that have lost their life savings.

[FBOYOBOY]

So now that this new guy has the receipts he needs to EXPOSE ALL INVOLVED.

[Mr.MN.]

Reading on Rumble the Drag Queen Luggage Thief has been fired.

[sourpoison]

Unfortunately, the testimony of this "new ceo" is a waste of time and effort, no accountability will come of this, the public servants that received "donations"/bribes will help cover up and get sbf off with a slap on the wrist! Pathetic! Americans have to find that #1776 courage soon

[krdhxr]

Ummm.... why does the CEO get to sit there and candidly talk about this like he had no clue what was going on? They're going to just roll SBF's head for this and call it good?

[fraydnot]

I hope there's not be some kind of govt bailout. I gambled on some horses that didn't win so, I want my money back (the guy at the window said" If I was making a bet I'd go for this horse)!

[DGTL_MRKT]

"new ftx ceo" ... naa.. just tell them to quit.

[jakejonesy]

You all should b in jail for letting it happen…

[texasnationalists]

"Here's your free money sir.", We warned you for 100's of years.