FTX\'s SBF "Delusional" and Deserves Jail, Says Novogratz: Explosive Criticism
The fallout from the FTX collapse continues, with Galaxy Digital CEO Mike Novogratz delivering a scathing indictment of Sam Bankman-Fried (SBF). Novogratz didn\'t mince words, stating that SBF was “delusional” and insisted that the former FTX CEO needs to be prosecuted and further said, “he will spend time in jail.”
Novogratz Slams SBF\'s "Delusional" Behavior
Novogratz described the personality of SBF as delusion and one prone to grandiosity while calling out the FTX incident as a criminal account and propagators deserving prosecution. He believes SBF’s actions warrant serious legal consequences.
"He Will Spend Time in Jail": Novogratz\'s Strong Stance
Novogratz said that SBF was “delusional” and insisted that the erstwhile FTX CEO needs to beryllium prosecuted and further said, “he volition walk clip successful jail.” This reflects a growing sentiment within the crypto community that SBF should be held accountable for the FTX debacle.
Novogratz Accuses SBF of Spreading Lies
After watching the former FTX CEO\'s live interview with the New York Times on Wednesday, Novogratz alleged that Bankman-Fried is just spewing more lies. This further fueled Novogratz\'s conviction that SBF is not taking responsibility for his actions.
Galaxy Digital CEO: SBF Perpetrated Fraud
It was Galaxy Digital CEO Mike Novogratz said SBF perpetuated fraud and should be in jail. His company previously disclosed a $76.8 million exposure to FTX, adding weight to his criticism.
Crypto Community Echoes Novogratz\'s Sentiments
The criticism didn’t end there, as Novogratz echoed the opinion of many well-known cryptocurrency community members that the former CEO of FTX ought to spend time in jail. Novogratz said that SBF was “delusional” and insisted that the former FTX CEO needs to be prosecuted and further said, “he will spend time in jail.” The billionaire and CEO of Galaxy Digital, is not alone in his assessment, highlighting the widespread anger and frustration surrounding the FTX situation.