Sam Bankman-Fried 'easy to pick out' as a fraud: CME Group chief Terry Duffy

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Sam Bankman-Fried 'easy to pick out' as a fraud: CME Group chief Terry Duffy
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CME Group's CEO Terence Duffy sounded off on 'Tucker Carlson Tonight' about the disgraced FTX founder Sam Bankman-Fried and claimed he gave a warning about him.

Chicago Mercantile Exchange chief tells 'Tucker Carlson Tonight' he tried to warn about SBF

"I appreciate you playing that piece [with] the genius from California telling me how crypto markets work and the difference between capital," the CME chief said."What I was referring to is excess margin, which CME holds over $200 billion — where FTX was having regulatory capital, which is absolutely nothing," he said.

"I said to my team, you know, this is not about crypto — this is about him trying to change the world so he can list every single product under the scam that he was trying to do with crypto," Duffy said.

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