FTX Founder SBF Hoped On Foreign Regulators’ Leniency To Stall Bankruptcy

The founder of disgraced crypto exchange FTX Sam Bankman-Fried (SBF), has once again come under serious criticism. According to U.S. Justice Department in a Wall Street Journal report, SBF attempted to stall bankruptcy proceedings through leniency from foreign regulators. The idea was to transfer crypto assets from his exchange platform to international regulators. More Details On FTX Founder Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, is facing multiple lawsuits and bankruptcy claims due to the financial crisis of FTX. But instead of addressing these claims head-on, the report cited that he has been actively seeking leniency from foreign