{"id":34808,"date":"2022-11-11T14:44:32","date_gmt":"2022-11-11T14:44:32","guid":{"rendered":"http:\/\/egrowonline.com\/?p=34808"},"modified":"2022-11-11T14:44:32","modified_gmt":"2022-11-11T14:44:32","slug":"sam-bankman-fried-resigns-as-ceo-of-ftx-as-cryptocurrency-exchange-files-for-chapter-11-u-s-bankruptcy","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=34808","title":{"rendered":"Sam Bankman-Fried resigns as CEO of FTX as cryptocurrency exchange files for Chapter 11 U.S. bankruptcy"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-23f1d76c=\"\" data-v-34b0e46a=\"\">\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-34b0e46a=\"\">\n  Troubled cryptocurrency exchange FTX said it filed for voluntary Chapter 11 bankruptcy in a Delaware court on Friday, and that Chief Executive Officer Sam Bankman-Fried has resigned. In a statement posted on Twitter, the company said that John J. Ray III has been appointed as the new CEO. The company said that the bankruptcy filing was done in &#8220;order to begin an orderly process to review and monetize assets for the benefit of all global stakeholders.&#8221; <\/p>\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-34b0e46a=\"\">\n  -Vivien Lou Chen <\/p>\n<pre class=\"mdc-article-pre\" data-v-776baeb1=\"\" data-v-34b0e46a=\"\">\n <\/pre>\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-34b0e46a=\"\">\n  (END) Dow Jones Newswires<\/p>\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-34b0e46a=\"\">\n  11-11-22 0934ET<\/p>\n<p>Copyright (c) 2022 Dow Jones &amp; Company, Inc.<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMingFodHRwczovL3d3dy5tb3JuaW5nc3Rhci5jb20vbmV3cy9tYXJrZXR3YXRjaC8yMDIyMTExMTM2NC9zYW0tYmFua21hbi1mcmllZC1yZXNpZ25zLWFzLWNlby1vZi1mdHgtYXMtY3J5cHRvY3VycmVuY3ktZXhjaGFuZ2UtZmlsZXMtZm9yLWNoYXB0ZXItMTEtdXMtYmFua3J1cHRjedIBAA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Troubled cryptocurrency exchange FTX said it filed for voluntary Chapter 11 bankruptcy in a Delaware court on Friday, and that Chief Executive Officer Sam Bankman-Fried has resigned. In a statement posted on Twitter, the company said that John J. Ray III has been appointed as the new CEO. The company said that the bankruptcy filing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[36],"tags":[3167,9738,467,4701,52,53,3293,2258,3131,3166],"class_list":["post-34808","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency","tag-bankmanfried","tag-bankruptcy","tag-ceo","tag-chapter","tag-cryptocurrency","tag-exchange","tag-files","tag-ftx","tag-resigns","tag-sam"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/34808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34808"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/34808\/revisions"}],"predecessor-version":[{"id":34809,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/34808\/revisions\/34809"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34808"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}