Will there ever be too many interviews regarding FTX's latest situation? 👀 Crypto users will always look for an answer that will satisfy their concerns. Let's see if the explanation you're looking for lies within these SBF's quotes 👇
FTX co-founder and crypto's favorite hero-turned-villain Sam Bankman-Fried just went on an hour-long self-justification rampage at the New York Times Dealbook Summit, explaining in eye-watering detail how loaning his trading firm $10 billion of other people's money that he'd been entrusted with was really all just a careless mistake by someone who really cared a lot.
The crypto exchange empire that saw him testifying before Congress, slapping his logo on stadiums and lauded as the JPMorgan of crypto for bailing out other companies six months ago — when trading firm Alameda Research was actually being crushed — lies in ruins in bankruptcy court. Meanwhile there are a whole lot of unanswered questions ranging from "are you really as incompetent as you say" to "are you a con man and thief" that regulators, politicians, criminal investigators, as well as about a million customers looking at empty crypto wallets, want answered — or believe they already know the answer to.
With that in mind, here are some of the best of SBF's answers from the Nov. 30 Andrew Ross Sorkin interview:"I had a duty to all of our stakeholders, to our customers, to our creditors. I had a duty to our employees, to our investors and to the regulators of the world, to do right by them, to make sure that the right things happened at the company, and clearly I didn't do a good job of that.""I didn't ever try to commit fraud on anyone.
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