🚀 FTX CEO John Ray III blasts Sam Bankman-Fried's lawyers for trying to reduce his sentence, saying victims "have suffered and continue to suffer." Ray's letter to Judge Kaplan corrects "material misstatements and omissions" in Bankman-Fried's sentencing submission. Ray highlights the extensive work done to recover assets and cooperate with investigations, but emphasizes that this doesn't erase the harm caused by Bankman-Fried's crimes. The embattled exchange now plans to return all value to creditors, but Ray warns that victims will never be in the same economic position they would have been without Bankman-Fried's "colossal fraud."