FTX in talks with regulators, appoints directors as bankruptcy proceedings begin

2022/11/15 05:55

According to Reuters, collapsed crypto exchange FTX said in a court filing that it was in contact with financial regulators, and had appointed five new independent directors at each of its main companies, including Alameda research. In a court filing on late Monday, FTX said it has been in contact with the U.S. Attorney's Office, SEC, CFTC, and dozens of federal, state and international regulatory agencies over the past 72 hours. FTX has appointed five independent directors to ensure proper corporate governance during its bankruptcy, lawyers for the company said in the filing. Former U.S. District Court Judge Joseph Farnan and Matthew Doheny will oversee FTX Trading. Mitchell Sonkin was appointed as a director at West Realm Shires, Matthew Rosenberg at Alameda Research and Rishi Jain at Clifton Bay Investments, according to the filing.

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