SBF wants to start a new business, officially added as hearing witness

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

SBF’s latest effort to try to save face has him saying he would spin up a new business to repay the billions owed to users of his bankrupt exchange. Meanwhile, he’s been confirmed as a witness for a House hearing on FTX’s collapse.

The founder and former CEO of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, said he’d be interested in forming a new venture aimed at paying back the customers he owes money to.

"I would give anything to be able to do that. And I'm going to try if I can," Bankman-Fried responded when asked if he’d start a new business to repay FTX investors in a Dec. 10"I'm going to be thinking about how we can help the world and if users haven't gotten much back, I'm going to be thinking about what I can do for them,” he added. “I think at the very least I have a duty to FTX users to do right by them as best as I can.

 

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

He should be in fucking jail. Second chance my ass!

Criminals never learn from their own mistakes. So he thinks he can just form a new business and use customer's funds to pay back old customer's funds. Naw, man. You going to jail!

Would you trust this idea?

Who will be his investor? The government?

And who's going to overlook this new company hey... Gary Gensler perhaps, the guy who tried to to help him evade certain Laws while he was running FTX and lost $40 Billion dollars, he might take even more if he is allowed to set up another company.

I hope he's not paying back customer's fake Money also

Have his parents sell their real estate in Bahama's first

He should be locked up but....

A second chance? He should be in jail! And you faceless cowards that write and post this shit, should be hunted down

srsly

the venture should be

Jewish scammer

By starting another scam?

Does that means is he going to recreate the history from 1900's ?

Meaning he won't get arrested🤣

It's called lock him up before he creates another ponzi

How does he want to get money to pay those he owes?

Probably and if you are dumb enough to fall for his BS a second time, you deserve what you get! He belongs in jail, but it seems he donated his customers money to the right people.

Hmm the former Wework CEO got a second chance, so we will see

The odds of him showing up are slim to none. He shows up he’s getting cuffed and tossed no way in hell they will let him walk , if they do there will be a free for all , A new precedent well be set and there will be no back peddling from it. news Crypto

A witness and not a suspect. That’s the treatment you get when you’re on the same team pretending not to be.

Sounds like a hacked protocol launching V2. Usually gets 'hacked' again and again

Sell your artwork from jail

SBF_FTX é um ladrão covarde!

yes, of course you can sam, from jail

After he spends 10 years in the watch house.

OK… But check out $Ehive! It’s starting!

Lol. Who is going to fund a new business launched by SBF? He’d be lucky if Jane Street was willing to let him back on their trading floor.

How rich lol

👎

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:

 /  🏆 562. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SBF tried to destabilize crypto market to save FTX: ReportMessages in a Signal group chat reveal what happened one day before FTX filed for bankruptcy. Looks like someone turned it around on him lol Why everyone wanting to sugarcoat what SBF_FTX did Biggest fraud and ponzi ever yet Media keeps kissing his ass They subpoena roaringkitty for gamestop pump? But RepMaxineWaters is begging SBF_FTX like a dog to please come to the same congress hearing? Make it make sense Dude is VILE!!!
Source: Cointelegraph - 🏆 562. / 51 Read more »

FTX ex-CEO Sam Bankman-Fried says he wants to start a new businessSam Bankman-Fried, the disgraced founder of the failed crypto-exchange FTX, says he wants to start a new business to help his investors make back the money they lost in the crash. Somebody find a way to handcuff this guy and bring him into custody? He should! While he is in jail!
Source: FoxBusiness - 🏆 458. / 53 Read more »