SBF, the former CEO and co-founder of FTX, told the New York Sun in a Brooklyn jail that he believes he was wrongfully convicted.
Saying his biggest mistake was allowing Sullivan & Cromwell to take over FTX in November 2022, SBF said he should have continued to deal with liquidity issues rather than letting the firm take over and mislead clients.
Due to this decision, millions of customers were told that their funds were exhausted and had to wait two years before they began receiving payments, which SBF believed should have been safe from the outset.
SBF: I was wrongly convicted, and if I continue to deal with liquidity issues on my own, the funds will be safe
2025-02-21 05:26:06
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