The past few days were unnerving as the crypto industry watched the fall of FTX, one of the world’s largest crypto exchanges.
With FTX now insolvent, some of the biggest and oldest players in the space have started expressing disappointment at the company’s CEO, Sam Bankman-Fried (SBF), popularly known as crypto’s white knight.
Jesse Powell Blasts SBF
One such person is Jesse Powell, co-founder and former CEO of crypto exchange Kraken, who has taken to Twitter to blast SBF, listing some of his deeds and describing them as red flags.
In a 14-tweet-long thread, Powell expressed his anger about the outcome of the FTX saga and its effect on the broader crypto market.
The Kraken co-founder argued that the crypto community’s good and trusting nature has made it an easy target for con artists, who clearly state that they have come for profits and not for the asset class, and instead of shutting them out, they are praised for their honesty.
A Media Darling
Powell further explained th
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