After watching the former FTX CEO's live interview with the New York Times on Wednesday, Novogratz alleged that Bankman-Fried is "just spewing more lies."
"It was delusional, let's be really clear," Novogratz told Andrew Ross Sorkin on CNBC. "Sam is delusional about what happened and his culpability in it."
"It was delusional. Let's be really clear. Sam was delusional about what happened and his culpability in it," says @novogratz. "He needs to be prosecuted. He will spend time in jail. And it wasn't just Sam. You don't pull this off with one person." pic.twitter.com/0SSh1r8XIL
— Squawk Box (@SquawkCNBC) December 1, 2022
Novogratz said that the ramifications of the FTX collapse would spread beyond crypto to all markets in general. He also said he didn't think that Bankman-Fried had acted alone.
"You don't pull this off with one person," he said. "I'm not saying he even planned this all like a criminal mastermind. What they did was criminal and they need to be prosecuted for it."
