Sam Bankman-Fried, founder and former CEO of the now-defunct cryptocurrency exchange FTX, tagged the decision to hand over the firm to a new leader during the bankruptcy saga his “single biggest mistake.” According to the former crypto executive, this move deterred him from saving the company from collapsing at the last minute.

‘I Could Have Saved FTX From Bankruptcy’ – SBF

In a recent interview with non-profit American magazine Mother Jones, Bankman-Fried shared insights into the days before and after the collapse of the $32-billion FTX exchange. According to the former executive, handing over the company to the current CEO John J. Ray III was his “single biggest mistake by far.”

SBF claimed in the interview that, minutes after putting pen to paper, he received a call about a potenti

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