Dave Ripley – the incoming CEO of crypto exchange Kraken – said he has inside information that FTX scammed its users.  He expects more contagion from the crisis, assuring that his entity would not be affected.

In a recent interview for Bloomberg, Ripley described Sam Bankman-Fried (former CEO of the bankrupt platform FTX) as a “fraudster.” He also thinks it will take time for relevant watchdogs and the government to discover the reasons for the catastrophe and take adequate measures.