FTX CEO Sam Bankman-Fried poses for a picture, in an unspecified location, in this undated handout picture, obtained by Reuters on July 5, 2022.BENGALURU - The founder of collapsed crypto exchange FTX, Sam Bankman-Fried, said he regretted his decision to file for bankruptcy and, in an interview published by Vox, criticised regulators.
The collapsed company, which filed for bankruptcy last week, has appointed five new independent directors at each of its main affiliated companies, including Alameda Research. In the interview, Bankman-Fried said those in charge of FTX's Chapter 11 bankruptcy process were "trying to burn it all to the ground out of shame", and that he had two weeks in which to raise US$8 billion and save the company.His single biggest mistake had been "Chapter 11. If I hadn't done that, withdrawals would be opening up in a month with customers fully whole".
After Vox published the interview, Bankman-Fried said some of what he had said had been "thoughtless or overly strong" and that he was venting about something that was not intended to be public.
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