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Kraken’s Incoming CEO Denounces Sam Bankman-Fried as a Fraudster

Dave Ripley – the incoming CEO of crypto exchange Kraken – said he has inside information that FTX scammed its users.  He expects more contagion from the crisis, assuring that his entity would not be affected.

In a recent interview for Bloomberg, Ripley described Sam Bankman-Fried (former CEO of the bankrupt platform FTX) as a “fraudster.” He also thinks it will take time for relevant watchdogs and the government to discover the reasons for the catastrophe and take adequate measures.

Kraken Sam Bankman-Fried FTX
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