Disgraced FTX founder Sam Bankman-Fried makes stunning admission that he spent ... trends now
'I think I got a little cocky': Disgraced FTX founder Sam Bankman-Fried makes stunning admission that he spent NO time managing risk because he thought he'd 'made it' before $32B crypto exchange imploded Disgraced FTX founder Sam Bankman-Fried has for the first time admitted that he spent 'no time' managing risk in his crypto exchange Bankman-Fried spoke to Good Morning America from his $40 million penthouse in the Bahamas in an interview that aired on Thursday morning 'I wasn't even trying. Like I wasn't spending any time or effort trying to manage risk on FTX,' he said
View
comments
Disgraced FTX founder Sam Bankman-Fried has for the first time admitted that he spent 'no time' managing risk in his crypto exchange because he 'got a little cocky' - but still insists that he was not aware that customer funds were being funneled into Alameda Research.
Bankman-Fried spoke to Good Morning America from his $40 million penthouse in the Bahamas in an interview that aired on Thursday morning - a day after he was grilled at New York Times' DealBook Summit by journalist Andrew Ross Sorokin.