The new CEO of FTX is claiming that former CEO and convicted fraudster Sam Bankman-Fried has no remorse over his crimes and is only trying to reduce his prison sentence. Prosecutors have recommended 40 to 50 years.
To make matters worse for Bankman-Fried, the current CEO said all of this in a letter he sent to the judge.
Bankman-Fried may well end up doing some serious prison time.
Breitbart News reports: Current FTX CEO Says Disgraced Fraudster Sam Bankman-Fried’s Remorse Is ‘Nonexistent’ In a scathing letter to Judge Lewis Kaplan, FTX Trading CEO John Ray alleges that disgraced FTX founder Sam Bankman-Fried made “callously” and “demonstrably false” claims in his sentencing memo to secure a lighter prison term. According to Ray, the harm caused by SBF is “vast” and his remorse is “nonexistent.” Ars Technica reports that Sam Bankman-Fried, the disgraced founder of the now-collapsed cryptocurrency exchange FTX, has been […]
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