FTX Founder Sam Bankman-Fried Would Have 'Ridiculed' Others For Making His Mistakes | CoinMarketCap

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Sam Bankman-Fried's 'I'm an Idiot, Not a Crook' tour took a stop at The Wall Street Journal over the weekend cryptonews

Sam Bankman-Fried's "I'm an Idiot, Not a Crook" tour took a stop at The Wall Street Journal over the weekend — with the former CEO of now-bankrupt FTX claiming he paid no attention to what his trading firm was doing while betting billions of his and his customers' money.

Talking of the exchange that grew into the second-largest in the world in just three years, Bankman-Fried said funds were sent that way because FTX didn't have its own bank accounts at first. He said:Bankman-Fried added that he didn't realize Alameda's traders were making such dangerously large bets because poorly designed and flawed systems didn't account for the wired funds — so they weren't on the screen he saw.

 

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Interesting this schmuck is walking around a free man!!! 🤮

He is a crook. Also groomed and manipulated by much darker forces who acted in the backstage.

God damn you, you made a fool of me, you bastard

Ignorance is not an excuse.

You know you only need to change one letter in his name to sum him up W

How’s the real estate holding up?

He is boring. It is boring. Time to move on. Just drop him off at prison on the way.

🦁🇲🇦🏆🇲🇦🦁

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Sam Bankman-Fried's excuse for FTX falls flat, says Anna SorokinEven convicted scammer Anna Sorokin thinks Sam Bankman-Fried's defense is a lame attempt at saving himself Sounds like he’s admitting he broke the law.Intent has nothing to do with anything. I want to hear formal apologies from both of them. Sam to crypto investors and Anna to American Express 🤣 elonmusk can you get them on Oprah? Needs a better haircut when he meets the judge. Looks like a crackhead.
Source: BusinessInsider - 🏆 729. / 51 Read more »