The founder of the crypto exchange FTX, Samuel Bankman-Fried, says his estimated wealth of $26 billion has fallen to $100,000 in the last month since filing for bankruptcy. The collapse of FTX is under investigation. For more on this story, watch here:
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Former FTX CEO Sam Bankman-Fried: 'I Didn’t Knowingly Commingle Funds'NEW: In a highly-anticipated interview with dealbook, SBF_FTX expressed regret over FTX’s collapse, but clung to the narrative that it was all just a big bet gone wrong. 0x_tracy reports from DealbookSummit
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Former FTX Trading CEO Sam Bankman-Fried: 'I've had a bad month'Former FTX CEO Sam Bankman-Fried knew his company was heading for trouble on Nov. 6, when he realized its trading arm had too many assets tied up in the platform. On Wednesday, he summed it up in his first public interview, saying, 'I've had a bad month.'
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FTX CEO stresses Bankman-Fried, Ellison no longer involved in operationsFTX's new CEO John Ray stressed in an employee all hands that the firm is not in communication with former CEO Sam Bankman-Fried.
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