Sam Bankman-Fried Confesses Biggest FTX Mistake Was Transferring Control to John Ray

Three years after the collapse of FTX, Sam Bankman-Fried, convicted for massive fraud, breaks his silence from prison. His biggest regret? Not the illegal operations themselves, but entrusting control of FTX to John Ray III in the lead-up to bankruptcy. This decision, he claims, was a point of no return, ultimately causing the downfall of his crypto empire.