The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on Wednesday in a letter to a federal judge scheduled to sentence him next week, saying his claim that customers, lenders and investors were not harmed was callously false and he was living a “life of delusion.” FTX Trading Limited CEO John J. Ray III told Judge Lewis A. Kaplan that Bankman-Fried's victims have suffered and continue to suffer from his crimes. Once touted as a cryptocurrency trailblazer, his companies collapsed in November 2022, less than a year after Bankman-Fried reached a pinnacle that included a Super Bowl advertisement, celebrity endorsements and congressional testimony.
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