Is this guy for real?
"There were no wild parties. At our parties, we play board games," he told Sorkin, seemingly oblivious to the fact that you can definitely do drugs and also play board games. "Twenty percent of people would have a quarter of a beer each, and the rest of us would not drink anything."to the culture at FTX before its collapse, although did say that he's been prescribed "various things at various times to help with focus and concentration.
The DealBook Summit wasn't the only arena where SBF spoke out — and practiced his avoidance techniques — this week. Soon after that appearance,anchor George Stephanopoulos. Stephanopoulos asked, point blank, if SBF knew that FTX had violated its policies by lending user funds to Alameda. It's a yes or no question, but SBF again repeatedly failed to sufficiently answer, going on long tangents about margin calls, risk assessment, and users' own bad borrowing.
Unsurprisingly, his final answer — which he came to after a fair bit of wrangling by Stephanopoulos — lacked any real substance. "Uh... I don't know of FTX deposits being used to pay off Alameda creditors," he finally responded, before turning the question back on his interviewer. "Which creditors are you referring to?"
Watching these interviews, it's pretty easy to understand why SBF's lawyers defected. And honestly, given that he clearly doesn't have sound answers for the difficult questions he absolutely needs to face, it's worth wondering why he insists on speaking out at all.
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