CME Group CEO calls Bankman-Fried ‘an absolute fraud,’ says he saw trouble months before FTX collapse
From cnbc.com
{video} A major exchange executive says he detected red flags months before the historic FTX collapse. CME Group chairman and CEO Terry Duffy said he suspected corruption at the cryptocurrency exchange the day of his first one-on-one meeting with founder Sam Bankman-Fried. “I told my team this had nothing to do with crypto,” Duffy told CNBC’s “Fast Money” on Tuesday. “He wanted to list all asset classes, mine, the Intercontinental, the CME and everybody else’s, under his model which would have been... a biblical disaster.” Bankman-Fried’s team did not immediately respond to a request for comment. Duffy first ...
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