FTX founder Sam Bankman-Fried: 'Look, I screwed up' | CNN Business

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Sam Bankman-Fried, the 30-year-old founder of a now-bankrupt crypto empire, said he “didn’t ever try to commit fraud on anyone.”

Sam Bankman-Fried, the 30-year-old founder of the bankrupt crypto exchange FTX, said he “didn’t ever try to commit fraud on anyone,” while admitting he made mistakes as chief executive. “There are things I would do anything to do over again,” Bankman-Fried said in a virtual appearance at the New York Times’ DealBook Summit in New York. “I was shocked by what happened this month.

Bankman-Fried’s past statements about the state of FTX and Alameda are under close scrutiny as evidence of his lack of oversight comes to light. Early in the liquidity crunch, he tweeted that FTX assets were “fine” and that it had enough to cover client holdings. He deleted the tweet a day later while trying to orchestrate a bailout that ultimately fell apart.

 

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I dont feel sorry for you at all. How could you invest in something so unsecure

You thought other people's money was your money...

every crypto invester is a lying scamming scumbag. Theres never enough money to satiate your lying scamming scumbag selves. There's nothing you wouldn't do to get your hands on money you'll never use.

Nice pull on this punch CNN...

Want to not defend a criminal. Your response makes sense though since he probably laundered for the corrupt politicians who deploy your network

I didn’t mean to break the speed limit. But I did and got a ticket.

And yet, here we are.

Oh, well I guess that’s it then. WTF kind of “Journalism” is this You BLATANTLY lie about Republicans and frame stories to HURT them, and do everything you can to run cover for DemoKKKrats that are destroying America and FREE SPEECH!

LACK of Control caused SBF’s Big MISTAKES that resulted to BANKRUPTCY. There was no intention to commit FRAUD. Being UNREGULATED and DECENTRALISED from the beginning caused the END of FTX and others. FACT. Cheers!

Faxxxx free fried hes a good kiddo

but everyone

He promised to give away his money to save the world, so journalists won't treat him as a scammer. Scammers of the future are taking notes.

Every day he is not charged is an injustice to everyone who plays by the rules.

Well I'm glad he cleared that up. Nothing to see here.

Awwww... Just like I didn't intend to give a fvck about FTX

He prolly got dem bodyguards

Bernie Madoff said the same.

Funny how little action seems to be on this frauds? Where are the FBI & DOJ? Why hasn’t he been extradited?

All the money he stole went straight to DEMOCRATS

Sure.

case closed, great journalism gang

Lol

Many fraudsters didn't start as fraudsters.💰💰💰☠️

Yeah, and Jimmy Hoffa is still running the teamster’s union.

Aren’t crypto and fraud synonyms?

The fraud just committed itself, you see...

He walks. To many politicians involved.

Sounds like Madoff? Oh… he donated to many democrats! Oh…

I didn’t mean to get caught.

Of course he didn’t because every admits to their crimes 🙄

Crypto by definition is fraud. Make believe money.

Yea, I have ocean front property in TN too 🤣🤣🤣

This is kind of like not trying to murder anyone or get anyone pregnant. it kind of doesn't matter if you meant to do it or not if it happens

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