Sam Bankman-Fried lives 'life of delusion,' new FTX CEO says as sentencing looms

FILE PHOTO: FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo/File Photo

NEW YORK (Reuters) -Sam Bankman-Fried is delusional in claiming the possibility customers of now-bankrupt FTX cryptocurrency exchange may recover funds means he did not steal, his successor as CEO said on Wednesday.

Bankman-Fried was convicted in November of stealing $8 billion from FTX customers.