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Bernie Madoff’s Lawyer advises FTX’s Bankman-Fried to ‘shut up | .

Bernie Madoff’s Lawyer advises FTX’s Bankman-Fried to ‘shut up’

Following
the collapse of the FTX crypto exchange, the platform’s founder Sam Bankman-Fried (SBF), has embarked on a media tour attempting to explain what went wrong. However, Bankman-Fried has been warned regarding the approach.

In particular, Ira Sorkin, the lawyer who represented Bernie Madoff, who perpetrated the largest individual Ponzi Scheme, has urged Bankman-Fried to ‘shut up’ as a probe into the collapse continues, Bloomberg reported on December 2. Bankman-Fried media tour will have little impact on swaying public opinion over his alleged role in the FTX debacle.

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