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Sunday, December 22, 2024

Kentucky U.S. Rep Andy Barr: "My full questioning in today's @financialcmte on the FTX collapse. Important information about the..."

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Andy Barr tweeted the following:

"My full questioning in today's @financialcmte on the FTX collapse. Important information about the commingling of funds at FTX and the lack of corporate governance controls within the company."
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Here are other recent tweets from Andy Barr:

"SBF is the face of the fraud of ESG. twitter.com/lizbrownkaiser"
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"Ray: So, we know the source of their funding was from the FTX group, so they were separate ownership, but not separate funding.
Barr: So commingled assets in that case as well?
Ray: Absolutely."
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"Barr: Was the FTX foundation and other not for profit, ostensibly not for profit, entities, were they completely separate from any of the for-profit entities?
Ray: They were owned by Sam Bankman-Fried; I cant tell you they were separate because they got funds from Alameda."
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