FTX CEO Ray Rubbishes SBF’s ‘Zero’ Harm Claims in Fiery Rebuttal
- Ray called the claims ‘callously’ and ‘demonstrably’ false
- SBF had claimed customers on the exchange suffered no harm
John J. Ray III
Photographer: Tom Williams/CQ-Roll Call/Getty Images
Acting FTX CEO John J. Ray III slammed claims made by his predecessor Sam Bankman-Fried that customers of the exchange suffered “zero” harm and that no money was lost when it collapsed in November 2022.
In a letter to US District Judge Lewis Kaplan, Ray branded Bankman-Fried’s claims as “categorically, callously, and demonstrably false.”