Sam Bankman-Fried is undermining efforts to reorganize his crumbling empire with “incessant and disruptive tweeting,” US lawyers for the bankrupt crypto platform FTX said in a court filing.
The tweeting appears to be aimed at moving assets away from the control of a US court in favor of one in the Bahamas, the lawyers said. FTX — under the control of a new CEO — asked a federal judge in Delaware to transfer a competing bankruptcy case filed in New York by Bahamian liquidators to Delaware.
Earlier, Sam Bankman-Fried said in a tweet that he made a mistake on the crypto exchange’s leverage levels — it was $13 billion, not about $5 billion. FTX will be in Congressional crosshairs next month as House and Senate panels probe the collapse. But Bankman-Fried was blunt about his views on regulators in an interview with via Twitter direct message with Vox’s Kelsey Piper, saying: “F--- regulators” and “they make everything worse.”
