Sam-Bankman Fried Wanted an In-Person Meeting With New FTX CEO

Former FTX CEO Sam Bankman-Fried tried to organize an in-person meeting with its current CEO John Ray weeks after being charged with fraud. 

  • According to newly released emails filed by Federal prosecutors on Monday, Bankman-Fried said he wanted to be helpful to the asset recovery process where he could. 
  • On December 30, he asked whether Ray’s team was responsible for draining assets from Alameda Research, which he’d read about in a media article. 
  • “If this is your team moving the assets to custody, great!” Bankman-Fried wrote. “If not, I worry it might be a hacker — possibly the same one as a month and a half ago.” A mysterious hacker drained $500 million from FTX shortly after the company filed for bankruptcy in November, though their identity remains a mystery.
  • Ray has previously stated that Bankman-Fried is yet to give him any details on the bankruptcy that he doesn’t already know. 
  • The former billionaire also contacts FTX US’s general counsel earlier this month through, which the government saw as an attempt to sway potential witness testimony. Bankman-Fried’s lawyer said it was merely an innocuous attempt to assist with the bankruptcy process.
  • Bankman-Fried has previously spoken critically of Ray, as well as the law firm Sullivan and Cromwell, for trying to extort as many fees from the bankruptcy process as possible. 

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Source link