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How Much Is Too Much to Spend on FTX's Bankruptcy?

Are Sam Bankman-Fried’s victims being ripped off a second time?

By David Z. Morris

Updated Jun 14, 2024, 4:38 p.m. Published Jun 30, 2023, 5:16 p.m.

John J. Ray III, CEO of FTX Group, has spent huge sums taking the failed exchange through bankruptcy. Is FTX simply that much more complex than Ray's last big unwind - Enron? (Photo by Nathan Howard/Getty Images)