SBF believes that if he continues to handle the liquidity issues himself rather than letting the law firm take over, the funds will be safe

2025-02-21 13:27:49
Collection

ChainCatcher news, FTX's former CEO and co-founder SBF stated in an interview with the New York Sun while in Brooklyn prison that he believes he was wrongfully convicted.

SBF said his biggest mistake was allowing Sullivan & Cromwell law firm to take over FTX in November 2022. He indicated that he should have continued to handle the liquidity issues instead of letting the firm take over and mislead clients.

As a result of this decision, millions of clients were told that their funds were depleted and had to wait two years before they started receiving payments, while SBF believes that these funds should have been safe from the beginning.

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