Ex-FTX US President Harrison Shocked at Fraud Allegations

Ex-FTX US President Harrison Shocked at Fraud Allegations

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the shocking realization of alleged misconduct at FTX, highlighting deliberate actions to mislead investors and employees. Senior executives faced challenges in obtaining information and were systematically excluded from key decisions and operations, leading to frustration and a lack of transparency within the company.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the most shocking aspect of the FTX misconduct revelation?

The scale of the financial loss

The deliberate steps to mislead stakeholders

The speed of the company's collapse

The involvement of external parties

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main challenges faced by FTX USA executives?

Competition from other companies

Lack of funding for projects

Difficulty in accessing information

High employee turnover

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key goal for FTX USA executives in terms of internal protocols?

To expand into new markets

To increase marketing efforts

To reduce operational costs

To establish separation between entities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a source of frustration for FTX USA executives regarding company decisions?

Lack of support from investors

Having too much responsibility

Frequent changes in leadership

Being excluded from decision-making processes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of decisions were FTX USA executives systematically left out of?

Marketing strategies

Acquisition targets and day-to-day operations

Employee hiring

Product development