Criticized Founder of FTX Faces Backlash over Attempts to Revise Historical Events

The tarnished founder of FTX, Sam Bankman-Fried, has once more commented on the exchange's bankruptcy controversy, leading to an immediate backlash. Critics, including on-chain investigator ZachXBT and venture capitalist Adam Cochran, decried Bankman-Fried's lack of remorse and attempts to distort the past, particularly following an unsuccessful court appeal. The founder's comments were in response to a creditor's accusation of CEO John J. Ray III deliberately keeping the "perfectly solvent" platform in bankruptcy. Bankman-Fried's online narrative claims that FTX was never insolvent and was sabotaged by external lawyers and political forces. This narrative faced widespread rejection, with experts pointing out the similarities to arguments previously dismissed in a 2023 trial.