November 23, 2024

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Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report

1 min read
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report

Former FTX chief executive officer

Bankman-Fried has made appearances on several media outlets and spoken to reporters many times following FTX’s collapse, despite criticism from many in the crypto space. The former FTX CEO has repeatedly apologized for his role in the exchange’s downfall and said he planned to “make it up” to affected team members, but did not offer a concrete plan to make investors whole. John Ray became the exchange’s CEO in November.