The Daily Hodl
2022-12-01 19:41:20

Sam Bankman-Fried Says He ‘Didn’t Knowingly’ Spend Customer Funds, Calls Billion-Dollar FTX Collapse ‘Pretty Embarassing

FTX founder Sam Bankman-Fried is admitting fault for the collapse of the crypto exchange weeks after the firm filed for bankruptcy. Speaking during the New York Times DealBook Summit on Wednesday, the 30-year-old co-founder and ex-CEO says he is to blame for the downfall of the company. “I screwed up. I was a CEO of The post Sam Bankman-Fried Says He ‘Didn’t Knowingly’ Spend Customer Funds, Calls Billion-Dollar FTX Collapse ‘Pretty Embarassing appeared first on The Daily Hodl .

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