Sam Bankman-Fried says he 'got a little cocky' before FTX collapsed | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

“I think I got a little cocky — I mean, more than a little bit,” Sam Bankman-Fried said.

Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not going quietly. In back-to-back interviews, he’s portrayed himself as a clumsy and repentant businessman. “I think I got a little cocky — I mean, more than a little bit,” he told ABC’s George Stephanopoulos in an interview on Good Morning America.

“When you look at the classic Bernie Madoff story, there was no real business there … FTX — that was a real business.” His ABC interview, recorded in The Bahamas last week, aired just hours after Bankman-Fried’s livestreamed interview with The New York Times Wednesday evening. In that interview, Bankman-Fried said he “didn’t ever try to commit fraud on anyone,” while admitting he made mistakes as chief executive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When you are in the top 5 financial supporters of TheDemocrats you become untouchable.

Your cellmate is going to get a little cocky too.

'A little cocky'? Dude stole billions from shareholders!

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines