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Galaxy Digital’s CEO Says Former FTX’s Head Should Be in Prison

Galaxy Digital’s CEO Says Former FTX’s Head Should Be in Prison

Galaxy Digital, a company owned by Mike Novogratz, is one of the long list of companies that have been hit by the collapse of crypto exchange FTX. According to reports, Galaxy Digital lost around $76.8 million.

Now, Mike Novogratz has said that the exchange’s founder, Sam Bankman-Fried, should be held accountable and should go to jail.

He has said that Bankman-Fried and his team have been playing investors for fools for a long time. According to him, they committed a crime and must be punished.

Novogratz has emphasized:

“The reality is that Sam Bankman-Fried and his associates were running a scam. They stole money from people and should go to jail.”