EY Engaged by FTX Bankruptcy Team for Tax Expertise (Correct)

FTX’s new management has retained Big Four accounting firm EY to help understand tax issues related to the crypto exchange’s spectacular collapse, the new CEO said Monday.

CEO John J. Ray III said he had “engaged a team of independent third-party professionals in the necessary areas of restructuring, forensic accounting, tax disciplines, and cybersecurity, including Alvarez & Marsal, Alix Partners, Ernst & Young, respectively, along with a cybersecurity firm.” He made the comment in remarks prepared for his Tuesday testimony to the House Financial Services Committee.

• FTX and more than 100 affiliated companies filed for bankruptcy ...