[SBF Claims Biggest Mistake During FTX Bankruptcy Was Relinquishing Control] On October 4, SBF stated in an interview with *Mother Jones* that his biggest mistake during FTX's bankruptcy was handing over control of the company to the new management team. He mentioned that shortly after signing the transfer agreement, he learned there might be external investments to save the company, but it was too late. On November 9, 2022, before FTX filed for bankruptcy protection, lawyers had proposed appointing Ray as Chief Restructuring Officer. Ray subsequently filed for Chapter 11 bankruptcy on November 11 and hired the law firm S&C for legal support.