The post Sam Bankman-Fried Admits His “Biggest Mistake” in FTX Collapse appeared first on Coinpedia Fintech News
Sam Bankman-Fried, the former CEO of FTX, now serving a 25-year prison sentence, says the downfall of his $32 billion company was his biggest mistake was giving control of the exchange to John J. Ray III to lead the bankrupt exchange. He believes this decision stopped him from saving the company. Biggest Mistake Behind $32 …