Bankman-Fried said that Alameda became too closely tied to FTX and denied that he was aware of the positions the hedge fund had taken that led to it becoming over-leveraged. He said that he kept his distance from the decision-making at Alameda because "I was nervous because of the conflict of interest of being too involved.
When asked about whether his lawyers think it's a good idea for him to be talking to the media this openly, Bankman-Fried responded "certainly not" but that, "I have a duty to talk and to explain what happened." He added that he doesn't think he has any criminal liability for the collapse of FTX, but that's not his focus at the moment. "There's a time and a place for me to think about myself and my own future – I don't think this is it," he said.
Ignorance of the law is never an excuse for violating the law.
This GUY WAS the HONEYPOT POT OF THE MARXCIST DNC UNTIL NOV 11TH THE Sec NEW IN MARCH... TOOK THE MONEY FUNDED THE MIDTERMS AND GAVE AMERICA THE MIDDLE FINGER! F F F THESWAMPISREAL WARONAMERICA
No you got caught Sam doing bad things with other people's money. Fraud and collution, why aren't you in handcuffs? Oh yeh, you gave the money to Joe, Chuck, Nancy, and even Mitch.
This crook states the obvious! WTF? Anybody else would be in jail right now.
A SMART JEWISH GUY🖕
No YOU BROKE THE LAW and should go to jail
This clown should be arrested or investigated at the very least !! LiberalHypocrisy
You think!
We messed up big…,,Ya Think?
neilcavutosucks
I’m guessing he will never set foot in the USA voluntarily cvpayne dagenmcdowell MariaBartiromo
Duh!!!
This dork should be in jail.