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Sam Bankman-Fried Admits His “Biggest Mistake” in FTX Collapse

• CoinPedia🔴 negative
Sam Bankman-Fried Admits His “Biggest Mistake” in FTX Collapse

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.

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Article Details

Source
CoinPedia
Published
October 4, 2025 at 01:41 PM
Sentiment
🔴 negative
Type
Article
Category
institutional
Topics
Institutional

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