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John J. Ray III
BlackRock Joins Asset Tokenization Race; North Korea Hackers Stole $3B in Crypto Since 2017
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as BlackRock enters the tokenization race with a new fund on the Ethereum network. Plus, FTX CEO John J. Ray III pushes back against Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s collapse. And, a UN Security Council study reveals that North Korea-linked crypto hackers stole $3 billion since 2017.
Could FTX 2.0 Happen Soon?
FTX CEO John J. Ray III told The Wall Street Journal that the company “has begun the process of soliciting interested parties" to reboot its international crypto exchange. "The Hash" panel discusses the possibility of an FTX rebrand as former customers of the crypto exchange have until Sept. 29 to submit claims against the bankruptcy estate.
Crypto Journalist Laura Shin Reacts to Possible FTX Reboot
A recent court filing suggests that FTX CEO John J. Ray III is working on devising a reboot plan for the now-defunct crypto exchange FTX. Filings show that Ray spent 6.7 hours on items related to “2.0” which is thought to mean FTX 2.0, a reboot of the exchange. Laura Shin, "The Cryptopians" author and "Unchained" podcast host, reacts to these developments, saying "[he] simply has a duty to explore that option."
CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?
Bitcoin miner CleanSpark (CLSK) started the construction of 50 megawatts (MW) of infrastructure, which could increase its computing power by 25% to 34%. Separately, FTX new head John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal.
FTX Could Be Revived, Says New CEO
According to the Wall Street Journal, the new head of FTX, John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange. "The Hash" panel discusses what this could mean for the future of FTX.
Rep. Ritchie Torres on FTX Fallout, SBF Arrest
New FTX CEO John J. Ray III testified before the U.S. House Financial Services Committee Tuesday as his predecessor Sam Bankman-Fried faces fraud and conspiracy charges. Rep. Ritchie Torres (D-N.Y.), who attended the hearing, discusses the key takeaways and possible regulatory outcomes.
Rep. Ritchie Torres on New FTX CEO Testimony: We Appreciated His Bluntness
U.S. Rep. Ritchie Torres (D-N.Y.) discusses his take on new FTX CEO John J. Ray III's testimony before the U.S. House Financial Services Committee Tuesday. "He spoke carefully...he was careful not to weigh in on crypto at large."
The Congressional Probe of the FTX Collapse Begins
Bankrupt FTX's new CEO John J. Ray III describes the exchange as an ‘old-fashioned embezzlement.’ That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
FTX's New CEO: 'This Is Really Old-Fashioned Embezzlement'
John J. Ray III, FTX's replacement CEO said in testimony before the U.S. House Financial Services Committee, "This is really old-fashioned embezzlement ... This is just taking money from customers and using it for your own purpose." Freshfields Bruckhaus Deringer Partner Timothy Howard breaks down the latest legal developments, citing his experience working at the United States Attorney’s Office for the Southern District of New York.
FTX Worse Than Enron, New CEO Says
New FTX CEO John J. Ray III explains how the crypto exchange compares to Enron. "The multi-billion dollar company used QuickBooks," Ray said at Tuesday's congressional hearing on FTX. He also added, "We had one person, really, controlling this."