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'A Complete Failure of Corporate Controls': What Investors and Accountants Missed in FTX’s Audits

An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations.

Updated Nov 18, 2022, 4:29 p.m. Published Nov 18, 2022, 2:12 p.m.
Former FTX Sam-Bankman-Fried (Danny Nelson/CoinDesk)
Former FTX Sam-Bankman-Fried (Danny Nelson/CoinDesk)