Former U.S. SEC Chairman and American attorney Walter “Jay” Clayton III has condemned how Sam Bankman-Fried, the founder of now-bankrupt exchange FTX, handled the firm. According to Clayton, there was a great deal of bad behavior regarding how SBF handled customer funds from a general perspective.

Jay Clayton made these remarks while speaking in an interview hosted on a CNBC Squawk Box episode today. With Sam Bankman-Fried expected to make a testimony on the FTX implosion at a U.S. Senate Hearing tomorrow, CNBC Squawk Box host Andrew Sorkin asked Clayton if it is not unfair to judge the FTX founder when all the facts have not been laid bare yet.

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(by Albert Brown)