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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 “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 submit on X. ”He’s been variety to folks within the unit, he’s been variety 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.
Based on 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 expenses. 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 instances.
“You realize, 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 obtained roiled up in a chapter,” he mentioned. “It’s been a colossal catastrophe. Not stopping that from occurring is by far the most important 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 mentioned a variety of “good issues” are already occurring below the pro-crypto US President Donald Trump.
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