Workflow
Fraud and money - laundering
icon
Search documents
Sam Bankman-Fried Says Handing FTX to CEO John Ray Was ‘Biggest Mistake’ in Prison Interview
Yahoo Finance· 2025-10-05 10:06
Sam Bankman-Fried stated in exclusive prison interviews that handing FTX to CEO John Ray III was “the single biggest mistake I made by far,” claiming he signed over control at 4:24 am on November 11, 2022, under extreme pressure from Sullivan & Cromwell and company advisers. According to a report from Mother Jones, the convicted FTX founder maintains that he never defrauded anyone and that the company was never bankrupt, despite a jury finding him guilty of seven counts of fraud and money laundering in Nov ...