New FTX CEO John Ray coldly addresses SBF's erratic tweets

FTX's new CEO issued a brief statement in response to former CEO Sam Bankman-Fried's series of intermittent tweets.< /p> New

The new CEO and chief restructuring officer of bankrupt cryptocurrency exchange FTX, John Ray, has responded chillingly to former CEO and founder Sam Bankman-Fried's erratic series of tweets.

The official FTX Twitter account on Nov. 16 tweeted a statement from Ray regarding Bankman-Fried's recent public statements, reiterating that he "has no ongoing role at [FTX], FTX US or Alameda Research Ltd. . and does not speak on their behalf."

(3/3) Mr. Bankman-Fried has no ongoing role with @FTX_Official, FTX US or Alameda Research Ltd. and does not speak on their behalf.

On November 14, Bankman-Fried started a bizarre Twitter thread that, over the course of about 40 hours, finally stated "What Happened" in nine tweets. He then claimed he was meeting with regulators, wanting to "do the right thing for customers".

Subsequently, he began exposing the financials and leverage of FTX and its sister trading firm Alameda Research on November 16, claiming that the leverage of FTX was around 13 billion dollars, not $5 billion as he originally thought.

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