⚡️💬 NEW - Sam Bankman Fried states in a prison interview that handing over control of the company to current CEO John J. Ray III in November 2022 was his "biggest mistake."

According to him, this cost him his last chance to save the platform.

In addition, the law firm Sullivan & Cromwell, which advised on the appointment of the current CEO, earned more than $171.8 million in legal fees following FTX's bankruptcy on June 27, 2024.