The unsealing of these charges followed a civil complaint from the US Securities and Exchange Commission, the SEC. SBF was set to testify before Congress on Tuesday and then that arrest came on Monday. This indicates that we'll likely see more arrests on the pike. Here's FTX acting CEO John Ray being questioned by GOP representative Ann Wagner of Missouri. Literally there's no record keeping whatsoever. They use QuickBooks, the multi-billion dollar company using QuickBooks. Did nothing against QuickBooks, it's a very nice tool, just not for a multi-billion dollars company.