FTX: “Delusional” SBF should be “sent to jail” says Novogratz

Sahana Kiran
Source – Forexlive

The FTX debacle has taken several twists and turns lately. While a majority of the community continues to remain enraged about the situation, Sam Bankman-Fried’s recent interview further agitated them. Despite all his activities, individuals like Kevin O’Leary and Bill Ackman extended support to SBF. A few others continued to call him out.

Mike Novogratz, the CEO of Galaxy Digital was one among the latter. Appearing in a recent interview, Novogratz was seen pointing out that SBF was “delusional.” In addition to this, he even suggested that he needs to be jailed. However, authorities haven’t charged the former CEO of FTX. But, the Galaxy Digital CEO highlighted how the movement of $9 billion out of FTX was enough evidence to nab SBF.

He added,

“I’m not saying he even planned this all like a criminal mastermind. What they did was criminal and they need to be prosecuted for it. [..] They perpetuated a large fraud. And it wasn’t just Sam. You don’t pull this off with one person.”

He further expressed that he was rather shocked that SBF’s lawyers were letting him speak. Novogratz even called out SBF’s philanthropy activities and suggested that the former CEO it worked as a form of distraction from reality.

As mentioned earlier, several were disappointed to see SBF appear in an interview following the downfall of the FTX empire.

Was Ethereum’s Vitalik Buterin calling out SBF?

Earlier today, Ethereum’s Vitalik Buterin shared a tweet that created quite the buzz. While he did not take names, the community speculated that he was talking about SBF by calling him a thief.

This controversial tweet garnered a lot of attention. Binance’s CZ also commented on the same and said “@VitalikButerin we need to move on.” However, he soon went on to delete the tweet. While investors of the platform live in the fear of losing their funds, SBF continued to garner backlash from all over.