Summary
John J. Ray III disputes claims made by SBF that customers did not lose money in the FTX collapse, calling them delusional. Ray argues that many customers did in fact lose money and criticizes SBF’s response to the situation.
Key Points
1. John J. Ray III disputes SBF’s claims that customers did not lose any money in the FTX collapse.
2. Ray criticizes SBF for being “delusional” in his assertions regarding the financial impact of the collapse.
3. The dispute between Ray and SBF highlights the conflicting narratives surrounding the aftermath of the FTX collapse.