Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail

Former FTX CEO Sam Bankman-Fried has been lambasted this week following a series of controversial public appearances. Galaxy Digital’s Mike Novogratz described SBF as “delusional” following his declaration in the live interview that he never tried to commit fraud. The crypto community has roasted SBF this week over his incoherent responses and lack of accountability. The creator of BitBoy Crypto, Ben Armstrong is understood to have arranged his own Twitter Spaces event with SBF, set for Dec. 3. SBF insisted that FTX was not a “Ponzi scheme” but was “a real business” and denied knowledge of FTX customer deposits being used to pay FTX creditors. . . .