Sam Bankman-Fried was loved by the entire crypto world, but after the collapse of the platform, that is certainly not the case anymore. Even FTX itself is now trying to distance itself from its former CEO.
FTX’s official Twitter account wrote in a thread about the company’s relationship with Sam Bankman-Fried. John Ray, the company’s new CEO, writes in the tweets that FTX, FTX US and Alemeda Research Ltd. no longer has any ties to Bankman-Fried.
FTX’s new CEO added that SBF’s opinions are purely his own and do not represent the company’s official views in any way.
The company’s few tweets are, of course, posted to cover themselves legally. Especially after Sam Bankman-Fried’s leaked conversation earlier today, in which he spoke negatively about regulators.
FTT token crashes to $1.70
Although Bankman-Fried still has hope that FTX will make it, the rest of the world no longer seems to count on it. The FTT token of the bankrupt exchange has therefore dropped to $1.70 and the chance that it will ever rise to its old level seems nil, especially now that almost all crypto exchanges have delisted the FTT token.
