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Sam Bankman-Fried, the previous CEO of the now-defunct crypto trade FTX, says that his cell-block mate Sean Diddy Combs is “all the time pleasant” with him.
“I’ve solely seen one piece of him, which is Diddy in jail,” Bankman-Fried mentioned in an interview with Tucker Carlson shared in a March 6 publish on X. ”He’s been sort to folks 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 position within the collapse of FTX and its sister agency Alameda Analysis.
In response to prosecutors, he “perpetrated one of many greatest monetary frauds in American historical past.”
In the meantime, American music mogul Diddy is going through intercourse trafficking, racketeering, and prostitution prices. He and Bankman-fried are housed in the identical unit, which is a high-security 15-man dorm away from the final inhabitants due to their high-profile circumstances.
“You understand, the lucky factor, the place I’m in…I’m not in bodily hazard,” Bankman-Fried mentioned through 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 mentioned
“However that’s not how issues labored out. As a substitute, all of it bought roiled up in a chapter,” he mentioned. “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 Prevented https://t.co/2lSkdTm8KE
— FTX Historian (@historian_ftx) March 7, 2025
Bankman-Fried is optimistic on the way forward for crypto, and mentioned a whole lot of “good issues” are already occurring beneath the pro-crypto US President Donald Trump.
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