“I never tried to commit fraud”: FTX founder talks about the bankruptcy of the cryptocurrency giant

  • Ben Derico and James Clayton
  • BBC News, San Francisco

explained,

Sam Bankman Fried spoke to The New York Times.

His company has suffered one of the biggest crashes in recent memory, but Sam Bankman-Fried, founder of cryptocurrency firm FTX, says he has not attempted fraud.

In his first public appearance since the FTX crash, the man once hailed himself as the “King of Cryptocurrency.” he told the newspaper New York times He had had a “bad month” and had almost no money left.

The company collapsed last month after i arrived With a value of 32.000 million US dollars.

Many investors have not been able to withdraw their money due to bankruptcy.

Myrtle Frost

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top