‘Like Using Windows Movie Maker to Edit Hollywood Productions’: One-Time Multibillion Dollar Company FTX Used QuickBooks For Accounting
Call it the millennial-ification of fraud. To the apparent disbelief of the internet, Congress, and a corporate fraud expert, now-disgraced FTX and its affiliated companies — which were once worth billions of dollars — were using QuickBooks for accounting. The company’s new CEO, John Ray, testified as much at a hearing before Congress on Tuesday, […]