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FTX CEO Accuses Bankman-Fried Of Delusion And Harm

FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto

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.

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