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"Such Is Life": FTX Bankruptcy Filing Details SBF's Cavalier Attitude Toward Misplaced

• https://www.zerohedge.com by Tyler Durden

That appears to be the cavalier attitude that FTX head Sam Bankman-Fried took while managing his now defunct FTX, according to a new report from Yahoo, which detailed "a complete failure" of corporate controls at the company. 

The company's latest bankruptcy report filed Sunday, coming in at 43 pages, detailed a "lack of appropriate record keeping and controls" in its finances, accounting, governance, and even cybersecurity, Yahoo reported. 

The company admitted it didn't even have a complete and current list of employees when it started going through the bankruptcy process. It's still poring through QuickBooks, Google docs, spreadsheets, and Slack records, to - as Yahoo put it - "get any insight into where the hell customers' money went".


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