
A cryptocurrency company CEO has criticized the founder of the company in a letter to a federal judge ahead of the founder's sentencing next week. The CEO accused the founder of living in a 'life of delusion' and refuted claims that customers, lenders, and investors were not harmed by his actions.
The founder, who was convicted on fraud and conspiracy charges, was extradited to New York from the Bahamas for trial. His companies collapsed shortly after he reached a peak of success, which included high-profile endorsements and appearances.