Politics

Current CEO of FTX Sends Letter to Judge Saying Sam Bankman-Fried’s Level of Remorse is ‘Non-Existent’

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The new CEO of FTX is claiming that former CEO and convicted fraudster Sam Bankman-Fried has no remorse over his crimes and is only trying to reduce his prison sentence. Prosecutors have recommended 40 to 50 years.

To make matters worse for Bankman-Fried, the current CEO said all of this in a letter he sent to the judge.

Bankman-Fried may well end up doing some serious prison time.

Breitbart News reports:

Current FTX CEO Says Disgraced Fraudster Sam Bankman-Fried’s Remorse Is ‘Nonexistent’

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.

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