Mike Novogratz Calls SBF’s Misappropriation of User Funds “Fraud”

Mike Novogratz Calls SBF’s Misappropriation of User Funds “Fraud”


The Crypto Basic
2022-11-23 15:06:30

Mike Novogratz has branded Sam Bankman-Fried’s actions with user funds as “fraud.” Mike Novogratz, CEO of Galaxy Digital, has described Sam Bankman-Fried’s practice of lending user funds to Alameda Research as fraud, saying SBF should face the law. Novogratz, who had some exposure to FTX, seized an opportunity on CNBC’s Squawk Box today to express The post Mike Novogratz Calls SBF’s Misappropriation of User Funds “Fraud” first appeared on The Crypto Basic .