FTX Founder Accused of Lying in Sentencing Memo

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FTX,Founder,Sam Bankman-Fried

FTX Trading CEO John Ray accuses disgraced FTX founder Sam Bankman-Fried of making false claims in his sentencing memo to secure a lighter prison term.

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.”

 

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