The ex-CEO of FTX, SBF, accepted oversight but also said he distanced himself from the sister firm of FTX.
In his recent New York Times interview, he discussed the FTX collapse and his relationship with the co-workers.
On November 30, 2022, Sam Bankman-Fried took part in a wide-ranging interview at The New York Times’s DealBook Summit. In the previous month, SBF’s FTX filed for Chapter-11 bankruptcy and then its founder became the target of many crypto members who are blaming him for the company collapse.
Sam Bankman-Fried’s Interview Highlights
SBF looks like he is trying to frame his $32 Billion cryptocurrency exchange, FTX’s failure, largely as a risk management problem that went out of control.
During the interview, when SBF was asked about criminal liability he responded that “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 was not able to explain how the FTX fallout happened, but he believed that the custo
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