PANews reported on October 5 that according to Mother Jones, FTX founder Sam Bankman-Fried (SBF) said in an exclusive interview in prison that his "biggest mistake" was handing over control of FTX to new CEO John Ray III. SBF insists he signed the transfer documents under immense pressure, claims the company never went bankrupt, and that he never defrauded anyone. He accuses John Ray III and his legal counsel (Sullivan & Cromwell) of misconduct in the bankruptcy process and incurring substantial legal fees, with total bankruptcy costs expected to exceed $1 billion.PANews reported on October 5 that according to Mother Jones, FTX founder Sam Bankman-Fried (SBF) said in an exclusive interview in prison that his "biggest mistake" was handing over control of FTX to new CEO John Ray III. SBF insists he signed the transfer documents under immense pressure, claims the company never went bankrupt, and that he never defrauded anyone. He accuses John Ray III and his legal counsel (Sullivan & Cromwell) of misconduct in the bankruptcy process and incurring substantial legal fees, with total bankruptcy costs expected to exceed $1 billion.

                                                                               Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.                     Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more