John Ray III tells the House that FTX has a “paperless bankruptcy” due to an “unprecedented” lack of documentation, FTX and Alameda were not distinct, and more (Stephanie Murray/The Block)

Stephanie Murray / The Block:
SBF says John Ray III is not working with him or responding to messages, claims Ray made false statements, and dodges questions on Alameda and loaning funds  —  – Sam Bankman-Fried is taking aim at John Ray, the new CEO of FTX, claiming he’s been iced out after the firm filed for bankruptcy protection.

Wall Street Journal:
Sources: Alameda CEO Caroline Ellison told staff on November 9 that she, SBF, and two FTX executives were aware that FTX lent its customers’ money to Alameda  —  Trading firm Alameda’s troubles helped lead to the bankruptcy of crypto exchange FTX  —  Alameda Research’s chief executive …

Jack Schickler / CoinDesk:
Bankruptcy filings: FTX CEO John J. Ray III, who oversaw Enron, condemns SBF’s “unprecedented” management, describing a “complete failure of corporate controls”  —  The former FTX CEO’s unconventional style is under the spotlight as bankruptcy professionals pore over the exchange’s collapse.

Bloomberg:
Internal FTX documentation shows a GitHub account bearing the name of engineering director Nishad Singh authored code to hide Alameda’s ballooning liabilities  —  A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research’s ballooning liabilities …

Nansen:
An in-depth look at FTX and Alameda shows UST’s collapse in May increased their reliance on FTT, leading to $4B outflows from Alameda to FTX in June and July  —  mins  —  Nansen’s research team dives into the collapse of Alameda and FTX using blockchain analytics  —  Key Takeaways

Nikhilesh De / CoinDesk:
Bankruptcy filings: FTX CEO John J. Ray III appoints new directors, discloses conversations with “dozens” of regulators, and estimates creditors at over 1M  —  FTX filed its first substantive look at the exchange’s bankruptcy process days after declaring bank