They even called in the big guns... SBF's daddy.
was so stuck in the mud about saving the exchange that people near him were spinning their wheels trying to get him to do the right thing and step down as CEO., a trove of leaked internal messages among FTX's inner sanctum reveal that those around SBF were so frazzled by his reaction to the collapse that — among other schemes — they even reached out to his dad to see if he could help assuage his son's initial post-crash delusion.
SBF's Hail Mary was, as the leaked messages reveal, the increasingly far fetched idea of securing additional outside investment amid the crash. He has claimed repeatedly, even after FTX filed for bankruptcy, that he'd been in contact with investors to save the company, and as recently as last week told his former colleagues that "potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.
Bankman-Fried, who had previously seemed to dodge Dexter's questions about stepping down, appeared to only decide to hire Ray after talking to lawyers, and finally made the decision to do so around four the next morning amid a series of dodged and frenzied messages fromShortly thereafter, FTX filed for bankruptcy, the report notes, but SBF nevertheless continued to try to lobby investors even though he was no longer in control of the firm.
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