FTX CEO Accuses Sam Bankman-Fried of Delusional Claims to Reduce Sentence

John Ray, CEO of FTX, asserts that Sam Bankman-Fried's claims of innocence and minimal harm are delusional, as sentencing approaches.

FTX CEO John Ray criticizes Sam Bankman-Fried for attempting to minimize his prison sentence by falsely claiming no harm was done to FTX customers.
Sam Bankman-Fried, convicted of stealing $8 billion from FTX customers, is set to be sentenced on March 28, with prosecutors seeking 40-50 years.
Ray accuses Bankman-Fried of living a 'life of delusion,' denying the vast harm caused and showing no remorse for his actions.
Despite Bankman-Fried's claims, FTX was not solvent at the time of bankruptcy, and significant efforts have been made to recover stolen funds.
Bankman-Fried's defense argues for a reduced sentence, claiming efforts were made to recover funds, but Ray emphasizes the substantial damage and theft involved.