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Sam Bankman-Fried, the previous CEO of the now-defunct crypto alternate FTX, says that his cell-block mate Sean Diddy Combs is “at all times pleasant” with him.
“I’ve solely seen one piece of him, which is Diddy in jail,” Bankman-Fried stated in an interview with Tucker Carlson shared in a March 6 publish on X. ”He’s been sort to individuals within the unit, he’s been sort to me.”
Bankman-Fried And Diddy Housed In Excessive-Safety Dorm
Bankman-Fried was convicted in November 2023 on seven counts of wire fraud, securities fraud and cash laundering for his function within the collapse of FTX and its sister agency Alameda Analysis.
In line with prosecutors, he “perpetrated one of many greatest monetary frauds in American historical past.”
In the meantime, American music mogul Diddy is dealing with intercourse trafficking, racketeering, and prostitution costs. He and Bankman-fried are housed in the identical unit, which is a high-security 15-man dorm away from the overall inhabitants due to their high-profile circumstances.
“, the lucky factor, the place I’m in…I’m not in bodily hazard,” Bankman-Fried stated throughout the interview.
Bankman-Fried Calls FTX Collapse A “Colossal Catastrophe”
The previous FTX CEO was requested whether or not he had any cash left, to which he replied,” principally no.”
Had there been no intervention, FTX would have had round $15 billion in liabilities and about $93 billion of belongings, and there ”was sufficient cash to pay everybody again, he stated
“However that’s not how issues labored out. As a substitute, all of it acquired roiled up in a chapter,” he stated. “It’s been a colossal catastrophe. Not stopping that from occurring is by far the largest remorse of my life.”
Sam Bankman-Fried Claims FTX Would Have $93 Billion if Chapter Was Averted https://t.co/2lSkdTm8KE
— FTX Historian (@historian_ftx) March 7, 2025
Bankman-Fried is optimistic on the way forward for crypto, and stated a number of “good issues” are already occurring beneath the pro-crypto US President Donald Trump.
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