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SBF: The biggest mistake during FTX's bankruptcy was handing control of the company to new management


2025-10-0519199 Views
On October 4th, SBF stated in an interview with the news media "Mother Jones" on Friday that his "biggest mistake" during the $8 billion bankruptcy was handing over control of the company to a new management team - he claimed that this decision cost him the chance to save the company at the last minute. SBF said that a few minutes after signing the control transfer agreement, he received a phone call saying that a potential external investment could save the company from bankruptcy, but it was already too late to revoke the signature at that time.




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